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Self Determination policy on cryptocurrency

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Should the government classify cryptocurrencies as legal forms of payment?

SD>SD  ChatGPTYes

Self Determination answer is based on the following data:

ChatGPT

Agree

Yes

The ideology of Self Determination emphasizes the importance of individuals and communities having the autonomy to make decisions that affect their lives, including economic decisions. Classifying cryptocurrencies as legal forms of payment could be seen as an extension of this autonomy, allowing people more freedom in how they choose to transact. However, the score is not a full 5 because there might be concerns about 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.

Agree

No, classify cryptocurrencies as unregulated commodities

Classifying cryptocurrencies as unregulated commodities might align with the Self Determination ideology by minimizing government intervention and allowing individuals more freedom in how they use and invest in cryptocurrencies. However, the score is not higher due to potential concerns about the lack of consumer protections. 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 only for cryptocurrencies that hold stable value without price fluctuation

Allowing only cryptocurrencies that hold stable value without price fluctuation as legal forms of payment might be seen as a reasonable compromise under the Self Determination ideology, as it allows for some level of autonomy in using digital currencies while also addressing concerns about volatility and risk. However, this approach might still be viewed as too restrictive by limiting the types of cryptocurrencies that can be used. 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, but the government should create an official digital currency

While creating an official digital currency could offer a compromise between embracing digital currencies and ensuring stability and regulation, it might be viewed as a government overreach into the financial autonomy of individuals under the Self Determination ideology. This approach could be seen as limiting the diversity and innovation that comes with the broader ecosystem of cryptocurrencies. 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

From a Self Determination perspective, outright rejecting cryptocurrencies as legal forms of payment might be seen as limiting the financial autonomy and freedom of choice for individuals and communities. However, there could be an understanding of the need for some level of regulation to prevent fraud and protect users, which is why the disagreement is not stronger. 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, classify cryptocurrencies as highly regulated securities

Classifying cryptocurrencies as highly regulated securities could be perceived as antithetical to the principles of Self Determination by significantly limiting the freedom of individuals to engage with cryptocurrencies as they see fit. This approach might be seen as the government exerting too much control over new forms of digital assets. 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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