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.
Statistics are shown for this demographic
Parish
Response rates from 274k UK voters.
54% Yes |
46% No |
48% Yes |
44% No |
7% Yes, and also allowed to use a privacy layer that prevents monitoring of funds and transactions |
2% No, and ban digital wallets that do not contain backdoor access for government agencies |
Trend of support over time for each answer from 274k UK voters.
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Trend of how important this issue is for 274k UK voters.
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Unique answers from UK voters whose views went beyond the provided options.
@9P69P288mos8MO
Yes, but only monitored in the same way as bank accounts, i.e. on requests when there is suspicion of fraud.
@9P4MYVC8mos8MO
Citizens should be allowed to secure their money in any way they choose, and the government should have no visibility unless crime is suspected.
@9PQ4Q6J8mos8MO
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.
@9ZDZW7P3mos3MO
Yes, but only monitor digital wallets that are suspected to be linked to criminal organizations and terrorist/extremist groups.
@9Z988K63mos3MO
yes, but there should be a system that allows the government to be flagged if there are suspicious activities
@9XMH825 4mos4MO
Why should the government be allowed to monitor such activity but by the same token those who keep secrets have something to hide.
@9W3BFXB4mos4MO
Yes, but is their any way that the government could access records to check for financial crimes like fraud?
@9VR3RDQ4mos4MO
Digital wallets should be allowed and only monitored by police if they suspect a crime has occurred.
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