Self-hosted digital wallets are personal, user-managed storage solutions for digital currencies like Bitcoin, which provide individuals with control over their funds without relying on third-party institutions. Monitoring refers to the government having the capability to oversee transactions without the ability to directly control or interfere with the funds. Proponents argue that it ensures personal financial freedom and security while allowing the government to monitor for illegal activities such as money laundering and terrorism financing. Opponents argue that even monitoring infringes on privacy rights and that self-hosted wallets should remain completely private and free from government oversight.
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@9P69P285mos5MO
Yes, but only monitored in the same way as bank accounts, i.e. on requests when there is suspicion of fraud.
@9P4MYVC5mos5MO
Citizens should be allowed to secure their money in any way they choose, and the government should have no visibility unless crime is suspected.
@9PQ4Q6J5mos5MO
Digital currencies should have the same monitoring access that transitional currencies have. They should be traceable without damaging privacy to protect against terrorism and exploitation.
@9ZDZW7PLiberal Democrat2wks2W
Yes, but only monitor digital wallets that are suspected to be linked to criminal organizations and terrorist/extremist groups.
@9Z988K6Liberal Democrat2wks2W
yes, but there should be a system that allows the government to be flagged if there are suspicious activities
@9XMH825 3wks3W
Why should the government be allowed to monitor such activity but by the same token those who keep secrets have something to hide.
@9W3BFXB1mo1MO
Yes, but is their any way that the government could access records to check for financial crimes like fraud?
@9VR3RDQ2mos2MO
Digital wallets should be allowed and only monitored by police if they suspect a crime has occurred.
@9VM4JQ32mos2MO
I don’t think the government should have the right to monitor anyone’s finances unless the person is deemed as dangerous
@9V9ZCC42mos2MO
The government should not be aloud to access your money since it is yours and u earned it. They shouldn’t even monitor ur money since it’s an inaction of privacy and they shouldn’t act like there above the law themselves it’ll make citizens feel controlled and isolated
@9TJJJPQ2mos2MO
The government should not be able to see how people spend their money - it is theirs to spend how they like, the government should only be concerned when it is being spent on illegal items
@9T226RJ3mos3MO
No, the government should provide a very basic and <0% interest bank account for every citizen. Like cash, but digital.
@9SYNKQ23mos3MO
no, taxes are probably going to go up if they see how much money people have, why does the government need to see my money
@9RLG4RK4mos4MO
Government should not be able to monitor unless for certain circumstances like tax evasion or drug dealers
@9RKQQV24mos4MO
monitoring should only be allowed when the person in question has a warrant. A average citizen should not be monitored.
No, and ban all digital wallets that contain backdoor access for government agencies. We deserve full privacy.
@9QTKZFH5mos5MO
No, citizens should be allowed to secure their money in any way they choose, and the government should have no visibility unless crime is suspected.
@9QSCSHJ5mos5MO
The government should be able to monitor and control it if they are suspected of using the money for criminal purposes
@9QSBDZ85mos5MO
Yes, but they should only be monitored when there is a reasonable suspicion of criminal activity by the user
@9QRD58Z5mos5MO
The government should have no rights to anyone’s money unless they are a criminal that has committed fraud or other criminal activities that involve money
@9QQCQ2F5mos5MO
Yes add much more privacy to it so that the government can’t spy on or shutdown under any circumstances.
@9QPNJT35mos5MO
If its monitored then made transactions public knowledge so we can see how our elected officials spend their salary
@9QPB8K25mos5MO
Think of the money being sent to 🇺🇦… understandably a west vs east proxy war like syria 🇸🇾. Just a suggestion to use fair portion towards looking out for your own people as well , we get taxed enough, people would appreciate more investment into the communities to keep morale steady and content to some extent. 50 % off student loans would be a good incentive for the new wave to have a bright & positive approach to starting there journeys in life with out the added pressure of having to pay the full amount of student loans back. 50% off would be a absolute Blessing 💯
Accounts should be monitored in the same manner than any other form of transactional currency can be.
@9QMQQK75mos5MO
Individuals money should be wholly private and the government should have absolutely no say in what they can spend their money on. Nor should the government have any form of access to an individual’s money.
@9QLTZJT5mos5MO
I don’t think the government should be able to monitor or access our money. Especially I don’t think they should have the ability to control our money.
@9QJZY3W5mos5MO
Should citizens be allowed to secure their money in self-hosted digital wallets that the government can neither monitor or control.
@9QJZNZP5mos5MO
No there should be no need for digital wallets, especially where taxes are paid. Privacy should be upheld
@9QJWJ695mos5MO
Yes, and governments should only be able to monitor any persons wallet when they have obtained a warrant from a reputable judge because of clear proof of criminal intent by the person.
Yes to citizens being allowed to secure their money in self-hosted digital wallets, but government should't be able to see or control
@9QJDXDP5mos5MO
Yes, but the government can only access them under very specific situations, such as suspected fraud.
@9QHG4BS5mos5MO
They should be able to secure their money in self-hosted digital wallets and the government should not be able to monitor or control this.
@9QHCMNH5mos5MO
Everyone should be able to secure their money how they choose. Only with criminal activity should it be able to be looked into and controlled but with good evidence.
@9QGYP3G5mos5MO
Citizens should be allowed to do whatever they want with their money with no monitoring by the government
@9QGSWJQ5mos5MO
citizens be allowed to secure their money in self-hosted digital wallets that the government cannot monitor or control
@9QGNHDH5mos5MO
If not already done so, the government power to monitor aspects of your privacy online should be authorised very stringently by courts. Abuse of which should be met with imprisonment. Law enforcement or other security services should have specific concerns and legitimate investigative protocols to spy on an individuals privacy. It should not be a carte blanche right for them to invade your online privacy. They should have a warrant to authorise access to my home why should it be any different when I am online?
@9QDCPK9 5mos5MO
citizens be allowed to secure their money in send controlled digital wallets unmonitored by government
@9QC48ZR5mos5MO
I believe that those that aren't very wealthy should be able to use financial measures that will help them, But that those with significant wealth such as maybe millionaires upwards, it should need to pay tax on their wealth
@9QBT33K5mos5MO
That would be cool but I don’t like the idea that the government knows what I’m doing with my money.
@9QBQWBT5mos5MO
People should have privacy and the government should not have the right to force anything onto people’s private and personal accounts , unless absolutely necessary
@9Q7XDBN5mos5MO
i hate the idea of digital wallet. i like a nice mock leather wallet perhaps in powder blue with forest green piping.
@9Q7FDVQ5mos5MO
Citizens should be able to secure their money in however way they want without it being monitored or controlled by the government
@9Q6R8ZZ5mos5MO
Yes providing the owner of the account is known to the government/relevant authority, with minimum government scrutiny, the inland revenue service can already determine taxable income through payslips and other means for most people, though court can request accounts as evidence/seized if it is found to have been used criminally.
@9NMN9836mos6MO
The government should not have the ability to monitor OR control any citizens money, transactions or digital funds. It is nobody's business how people spend their money.
@9PYQ26W5mos5MO
Difficult due to the challenges in securing these wallets and offering the same protections as available to consumers in the event of a bank collapse
@9PWZZM25mos5MO
I don't trust the current government to do this. They will probably misuse the data to exclude people from social welfare or for immigration purposes
@9PWZH7MLiberal Democrat5mos5MO
Yes, but enforce security requirements on digital wallets and accountability for the wallet hosting party.
@9PVTZQJ5mos5MO
Citizens should be allowed their own money and use how they want. Crypto is irrelevant. We don’t live in the future. Crypto should be banned/not even considered
@9PQN7MF5mos5MO
Governments should be able to deposit into private self-hosted digital wallets. I'm against centrally controlled digital wallets.
@9PKYVZM5mos5MO
They should be allowed to access it, but the goverment shouldn't be allowed to have any access to it
@9PKJCV25mos5MO
No, citizens should be allowed to securely hold their money without government monitoring or control
@9PK8D5DLiberal Democrat5mos5MO
People should, be able to have there money where they want, not everything is the governments concern
@9PJQT365mos5MO
Governments monitoring means that they can decide taxation. Yes we should be allowed digital wallets.
@9PH4XND5mos5MO
Yes, but the government shouldn't be able to monitor anyone's money, if they're not willing to disclose their own earnings to the British public.
@9PGV8X35mos5MO
Everyone should have the right to hold financials on digital wallets without the government being able to monitor
@9P6CVZ2Independent5mos5MO
Government should have no access or visibility of any money at all, ever and cash should be preserved
@9P62KRF5mos5MO
Difficult, we need to be able to control criminal gangs who defraud the country and it's citizens but individuals need the right to some privacy.
@9P4YDWY5mos5MO
Governments should not be able to monitor citizens bank accounts without a legitimate warrant for arrest or investigation.
@9NYTYQ8 6mos6MO
No. I believe we should have ‘non taxable’ autonomy over our money. However, IF the government has a reason to believe that someone is doing something illegal then they should be able to get a court order to look into these digital funds
@9NY5NFY6mos6MO
we should be allowed to do so, but also not be monitored, as its our money why should it be monitored by others yaknow?
@9NX8G3V6mos6MO
Yes but the government should have no part in anything remotely resembling monitoring or transparency.
@9NWQMPF6mos6MO
I worry about the government's ability to monitor individual's finances, but believe that digital currency (specifically with bitcoin, etc) is a slippery slope
@9NWC8C76mos6MO
The government shouldn’t have access to it whatsoever. It’s our money we’re trying to get controlled
@9NRTZRC6mos6MO
The Government should have no need or right to monitor my digital wallet or have access to how much money I have/earn as it
@9NQW4NC6mos6MO
Good for convenience but the government would get to see all your transactions and you would have less privacy
@9NQR5FQ6mos6MO
Why on earth should the government be able to monitor personal wealth hosted digitally? Do they not understand the concept of cryptocurrency? It is supposed to be untraceable and not to be tracked or taken away from someone who possesses it.
@9NQ7MLW 6mos6MO
Citizens should be allowed to keep their funds in whatever legitimate guise the deem. The government should have ZERO access to this data.
@9NN5V756mos6MO
the government should not be the people monitoring these wallets, the hosts should be responsible for monitoring for illegal activity
@9NMXQBM6mos6MO
Don’t know. (I know it’s complicated, and without knowing more of the facts I don’t have an informed opinion.)
@9NMVBFD6mos6MO
Yes, allow private citizens to use a privacy layer that prevents monitoring of funds and transactions but allow monitoring of business accounts.
@9NLVYXW6mos6MO
These should be allowed but there should be limits on amounts to reduce hoarding and tax avoidance for the super wealthy.
@9NBK6T86mos6MO
Why would the government want to monitor so closely what others are doing. Seems like it’s going for control
@9NB5CJ56mos6MO
Citizens should be allowed to do this, but government should not have access unless required as part of a police investigation
@9PVNC4K5mos5MO
Yes but only for companies and businesses, personal money should not have to be monitored by governments
@9PLSYJV5mos5MO
How much a citizen holds should be their business and access should only be requested if any criminal activity is going on. people should be able to save their own money without fear of being taxed
@9PHQR545mos5MO
They should be able to secure their money without anyone else seeing it unless under suspicion of illegal activities
@9PHLBVD5mos5MO
The whole point of the digital wallets is decentralisation. If you allow governments visibility, it becomes part of monetary policy. Yes, they should be allowed to secure their money, and no, the government should not have visibility/
@9PG67Q25mos5MO
Citizens should be allowed to secure their money in said wallets, but without any government monitoring or control
@9P8L2QD5mos5MO
Digital wallets should be allowed but governments should not have control. It should be managed like normal bank accounts
@9P79F3Q5mos5MO
I don’t think the government should have access to funds unless they are known to committing fraud but aren’t struggling financially. Government should go for people who comment fraud with a lot of money and not small amounts.
@9P6RG5Z5mos5MO
Personal bank accounts should not be visible to anyone unless a warrant is issued or suspicion of fraud
@9NYVZ9V6mos6MO
If not monitored and/or access be allowed to outside agencies, such as law enforcement, this could lead to a rise of OCGs, Terrorism etc
No I don’t think the government should have anything to do with your money once you have paid your taxes and been paid your money that’s it. It’s yours to spend on what you need and what you like
@9Q4NR435mos5MO
Government should not be able to monitor these accounts as this defeats the purpose of cryptocurrency
@9Q2TY775mos5MO
They should be allowed to store money in self hosted wallet that the government can not monitor or control
@9PYR3TN5mos5MO
People should be allowed to use their money as they see fit without government monitoring or intervention.
@9PTQWSV5mos5MO
I don’t care, finances will forever be a negotiation I think there should be more debate as to what we value and incentivise as a country
@9PTN2285mos5MO
Yes and no. Citizens have a right of choice of investment and privacy however govornment may monitor transactions in or out of their own currancy by warrant with legitimate reason
@9PT85FT5mos5MO
Citizens should be able to secure their money in self-hosted digital wallets that the government can not monitor and not control.
@9PSWC4W5mos5MO
Yes secure digital wallets can be used but only to a limited amount say a maximum of £10,000 per person
@9PS38MK5mos5MO
The government should not be allowed to monitor or control people's bank accounts unless there is evidence or strong reason to suggest that that person has committed or is involved in certain crimes such as funding terrorism and money laundering.
@9PRB25Q5mos5MO
The government should not have any right to know how people spend their money unless they have good reason to to believe it came from or is being used for unlawful purposes.
@9PM2ML35mos5MO
Tighter regulation on the companies who do the wallets and should co-operate with authorities if enough evidence
@9P9RGF65mos5MO
Make digital wallets but don't late people look or be able to access it and make sure it's extremely secure and not let people trancer money whithout a pin that only they can access
@9P9NK6T5mos5MO
Digital currency is currently damaging to the environment and economy. We should be moving towards less monetary focused population
@9P7JWTF5mos5MO
Citizens should be able to manage their money as they please without further oversight from the government
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