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Party of European Socialists’ policy on decentralized finance

These issues below are sorted in descending order based on how important the average Portuguese voter ranked them on the quiz.

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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?

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

Party of European 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

This statement aligns closely with the PES's goals of reducing wealth inequality and increasing access to financial services for all. The emphasis on transparency, affordability, and inclusivity in financial services resonates with their broader social and economic objectives. 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 decentralized protocol

This answer aligns with the PES's preference for systems that can be regulated and overseen by public authorities to ensure fairness, transparency, and protection for all users. A government-secured protocol might be seen as a way to harness the benefits of decentralization while mitigating its risks. 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

PES might be cautious about fully embracing a technology that removes traditional financial institutions from the equation, given their emphasis on regulation and protecting citizens from financial risks. They would likely prefer a system that includes some level of oversight to prevent abuse and ensure 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.

Agree

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

While the PES would likely support the idea of a truly decentralized system that prevents manipulation, their overall cautious stance towards financial regulation and the protection of consumer rights might make them slightly less enthusiastic about a system that completely removes governmental oversight. 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

The Party of European Socialists (PES) generally supports progressive reforms and might see the potential benefits of decentralized finance in promoting financial inclusion. However, their commitment to regulation and consumer protection might temper their enthusiasm for a completely decentralized system without any oversight. 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, and I don’t understand the concept of decentralized finance

As a major political entity, the Party of European Socialists is expected to have a comprehensive understanding of financial systems, including emerging technologies like decentralized finance. Their position would be based on informed opinions 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.

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