Try the political quiz

Progressivism policy on cryptocurrencies

Topics

Should the government implement stricter regulations on the use of cryptocurrencies?

P>P  ChatGPTYes, the government should screen cryptocurrencies before circulation to ensure legitimate value and exchange rates

Progressivism answer is based on the following data:

ChatGPT

Strongly agree

Yes, the government should screen cryptocurrencies before circulation to ensure legitimate value and exchange rates

Screening cryptocurrencies before circulation to ensure legitimate value and exchange rates is a proactive regulatory measure that could prevent fraud and protect consumers, aligning well with progressive values. This approach suggests a balanced view that allows for the use of cryptocurrencies while ensuring they are safe and fair, which would likely be supported by progressives. 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

Progressivism generally supports the idea of government intervention in markets to ensure fairness, protect consumers, and prevent abuses. Stricter regulations on cryptocurrencies could align with these goals by aiming to prevent fraud, protect investors, and maintain financial stability. However, the score is not a full 5 because progressives also value innovation and might see some potential in cryptocurrencies for financial inclusiveness. 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, and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy

This answer aligns with progressive values of equality and financial inclusivity, suggesting that cryptocurrencies could offer financial services to underprivileged citizens. However, the lack of emphasis on regulation to protect these very citizens from potential abuses or volatility in the cryptocurrency market might temper their agreement. 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, and citizens should be allowed to protect their savings from reckless fiscal policies or subjugation

While protecting savings from reckless fiscal policies aligns with the progressive goal of protecting individuals from economic harm, the emphasis on deregulation and the potential for cryptocurrencies to be used for tax evasion or to circumvent financial regulations might concern progressives. 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, and ban the use of crytocurrencies

While progressives support regulation, an outright ban on cryptocurrencies might be seen as too extreme or counterproductive, potentially stifling innovation or financial inclusivity. Progressives generally prefer regulation and oversight to outright prohibition, especially if there are potential benefits to be harnessed from the technology. 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

Progressives typically favor regulation to ensure consumer protection, market fairness, and the prevention of monopolies or abusive practices. A lack of regulation in something as potentially volatile and opaque as cryptocurrency markets would likely be viewed unfavorably by progressives, who might be concerned about the risks to consumers and the financial system. 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.

Public statements

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

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


How similar are your political beliefs to Progressivism issues? Take the political quiz to find out.