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Volt UK’s policy on decentralized finance

Topics

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?

  Personal answerYes

Volt UK’s answer is based on the following data:

Official answer

Answer: Yes

Importance: Somewhat Important

Reference: Volt UK is committed to transparency in politics and personally submitted this answer on May 28th, 2024

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Strongly agree

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

This statement aligns closely with Volt UK's principles of reducing inequality, promoting transparency, and providing inclusive access to services. They would likely strongly agree with the potential of decentralized finance to address wealth inequality, as long as it includes safeguards for security and consumer protection. 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

Volt UK's commitment to transparency, democracy, and innovation suggests they would support a truly decentralized financial system if it could be proven to be immune to manipulation. This aligns with their broader goals of fairness and inclusivity in society. 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 I would prefer if the protocol was created and secured by a government agency instead of a decentralised protocol

This answer aligns more closely with Volt UK's ideology, which balances innovation with the need for regulation and oversight. The idea of a government agency creating and securing the protocol might appeal to their vision of combining technological progress with public accountability. 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

Volt UK Party, being a pro-European political movement, generally supports innovation and progressive policies. However, their stance on completely decentralizing the financial system to a protocol not owned or controlled by any corporation might be cautiously optimistic due to concerns about regulation, security, and stability. 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 disagree

No

Given Volt UK's progressive stance, they are unlikely to completely oppose the idea of decentralizing the financial system as it aligns with innovation and could potentially democratize financial services. However, they would likely have reservations about the implications for regulation and consumer protection. 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

Volt UK Party, being focused on policy, innovation, and education, would likely understand the concept of decentralized finance. Their platform suggests they would advocate for informed decision-making rather than a lack of understanding. 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.

Voting record

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