Try the political quiz

Candidates  ›  Policies  ›  Economic

Mark Prisk’s policy on central bank digital currency (cbdc)

These issues below are sorted in descending order based on how important the average UK [United Kingdom] voter ranked them on the quiz.

Topics

Should the government replace physical cash with a central bank digital currency?

  ChatGPT Party ResearchNo, cash protects privacy and works during power outages

Mark Prisk’s answer is based on the following data:

ChatGPT Party Research

Strongly agree

No, cash protects privacy and works during power outages

Conservative governments have repeatedly emphasized protecting access to cash (e.g., legislation/commitments around cash acceptance and ATM/banking access in the 2019–2024 period) and resilience; privacy and offline reliability arguments align with that stance. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No

Given repeated Conservative commitments to protect cash access and the cautious approach to a BoE CBDC (explore/consult, not replace), the party would lean toward “No” on replacing physical cash outright. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, this could be a slippery slope to social credit systems

There is some sympathy on the Conservative benches for warnings about programmable money and overreach, but official Conservative-led government messaging on the digital pound has stressed safeguards and consultation rather than framing it as a near-term path to social credit. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, it could be used to debank citizens for their political views

Some Conservative MPs and right-leaning voices have raised civil-liberties concerns about CBDCs enabling state control, but it is not a settled party line; official policy has been more cautious/consultative than alarmist about “debanking for views.” Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

No, the government has no right to monitor private transactions

Conservatives often support privacy and limited state intrusion, but the party has also backed expansive surveillance/financial-crime measures (e.g., Investigatory Powers Act legacy, AML rules), so an absolutist claim that government has “no right” to monitor transactions is only weakly aligned. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Yes

A blanket “Yes” to replacing cash is unlikely; Conservative-led governments have supported exploring a CBDC but also stressed that cash would continue and that any digital pound would be optional. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Yes, it would make payments instant and low-cost

Conservatives have generally backed fintech and innovation, but UK Conservative-led governments (e.g., Sunak/Hunt era) supported Bank of England exploration of a “digital pound” while not endorsing replacing cash; they’ve also stressed maintaining cash access, so a full replacement framed as inevitable is unlikely to be embraced. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No, decentralized stablecoins already provide low-fee secure transactions without state control

The Conservative Party is not aligned with replacing state money with decentralized stablecoins; UK policy under Conservative chancellors focused on regulating crypto/stablecoins and exploring a BoE CBDC rather than endorsing non-state alternatives. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Personal answer

This candidate has not responded to our request to answer this question yet. Help us get it faster by telling them to answer the iSideWith quiz.

Voting record

We are currently researching this candidate’s voting record on this issue. Suggest a link to their voting record on this issue.

Donor influence

We are currently researching campaign finance records for donations that would influence this candidate’s position on this issue. Suggest a link that documents their donor influence on this issue.

Public statements

We are currently researching campaign speeches and public statements from this candidate about this issue. Suggest a link to one of their recent quotes about this issue.

Candidate’s support base

Not enough data to provide a reliable answer yet.

Party influence

We are currently researching this candidate’s political party and its stance on this issue.

Party’s support base

Not enough data to provide a reliable answer yet.

See any errors? Suggest corrections to this candidate’s stance here