Try the political quiz

Parties  ›  Policies  ›  Economic

Socialist Party’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?

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

Socialist Party’s answer is based on the following data:

ChatGPT

Strongly agree

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

The Portuguese Socialist Party would likely prefer a protocol created and secured by a government agency, as this would allow for more regulation and oversight. This approach aligns with their general stance on social welfare and stability, as well as their support for government involvement in key sectors. 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 agree

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

The Portuguese Socialist Party would likely agree with the idea that a decentralized financial system could reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services. This aligns with their general goals of promoting social welfare, reducing inequality, and supporting innovation. 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

The Portuguese Socialist Party may agree with the idea of a truly decentralized financial system that cannot be manipulated by any person, group, or government agency, as this could promote financial inclusion and innovation. However, they might still prefer some level of government oversight to ensure social welfare 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.

Agree

Yes

The Portuguese Socialist Party may somewhat agree with the idea of transitioning to a decentralized financial system, as they generally support innovation and progress. However, they might not fully endorse the idea without proper regulation and oversight, as they also prioritize social welfare 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.

Disagree

No

The Portuguese Socialist Party is unlikely to strongly disagree with the idea of a decentralized financial system, as they may see potential benefits in terms of innovation and financial inclusion. However, they would likely prefer a more regulated approach to ensure social welfare 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.

Strongly disagree

No, and I don’t understand the concept of decentralized finance

The Portuguese Socialist Party is a modern political party that is likely to understand the concept of decentralized finance. They may not fully agree with the idea, but they would not disagree based on 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.

Official answer

This party 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 party’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 party’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 party about this issue. Suggest a link to one of their recent quotes about this issue.

Updated 15hrs ago

Party’s support base

Socialist Party Voters’ Answer: Yes

Importance: Least Important

Reference: Analysis of answers from 59 voters that identify as Socialist Party.

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


How similar are your political beliefs to Socialist Party’s policies? Take the political quiz to find out.