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Scottish Socialists policy on decentralized finance

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Should the technology of our financial system transition to a decentralized protocol, that is not owned or controlled by any corporation, similar to the internet?

SS>SS  ChatGPTYes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

Scottish Socialists answer is based on the following data:

ChatGPT

Strongly agree

Yes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

The SSP has consistently advocated for policies aimed at reducing wealth inequality and increasing access to essential services. The potential of decentralized finance to provide more transparent, affordable, and inclusive access to financial services would strongly resonate with their political and economic objectives, making this a highly agreeable proposition. 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

Yes, but only if it’s truly decentralised and cannot be manipulated by any person, group, or government agency

This answer aligns with the SSP's goals of creating a fairer, more equitable society by reducing the potential for manipulation by powerful entities. The emphasis on true decentralization and protection against manipulation by any person, group, or government agency would likely appeal to their principles of economic democracy and social justice. 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

Yes

The Scottish Socialist Party (SSP) has historically been supportive of measures that democratize the economy and reduce the control of large corporations over essential services. Decentralizing the financial system could align with their broader goals of economic democracy and social justice. However, their support might be tempered by concerns over the lack of regulation and potential for misuse. 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

Yes, but I would prefer if the protocol was created and secured by a government agency instead of a decentralised protocol

While the SSP supports measures that would reduce corporate control over the economy, they might be cautious about fully endorsing a decentralized protocol without any government oversight. They might prefer a model where the government plays a role in ensuring fairness, security, and accessibility, reflecting their broader socialist principles. 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

No

Given the SSP's commitment to social justice and reducing corporate control over the economy, they are unlikely to outright oppose the idea of decentralizing the financial system. However, their opposition might stem from concerns over the feasibility, security, and potential for creating new forms of inequality or financial instability. 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, and I don’t understand the concept of decentralised finance

The SSP is a political party that engages deeply with economic theories and proposals for reforming capitalism. It is unlikely that they would not understand the concept of decentralized finance. Their policy positions are typically well-informed by economic theories, including alternative and radical ones. 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.

Official answer

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