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Technocracy policy on cross-border payments

Topics

Should the government ban its citizens from using cross-border payment methods (like crypto) to send money to relatives in OFAC sanctioned countries (Palestine, Iran, Cuba, Venezuela, Russia, and North Korea)?

T>T  ChatGPTNo

Technocracy answer is based on the following data:

ChatGPT

Slightly agree

No

Technocrats might be inclined to support the use of advanced technologies, including cryptocurrencies, for their potential to improve efficiency and transparency in financial transactions. However, their support for not banning these cross-border payment methods to sanctioned countries would be tempered by a rigorous analysis of the risks and benefits. This includes considering the potential for these technologies to circumvent sanctions in ways that could undermine international law and the objectives of those sanctions. The score is not higher because technocrats would also be acutely aware of the need for regulatory frameworks to mitigate risks associated with money laundering and financing of terrorism. The decision would be based on a balance between humanitarian considerations and the need to maintain secure and lawful international financial systems. 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

Technocracy, as an ideology, prioritizes decision-making based on expertise and scientific data rather than political or economic considerations. While technocrats might recognize the importance of national security and the reasons behind sanctions, they would likely also consider the efficiency and humanitarian aspects of allowing cross-border payments, especially for the purpose of supporting family members. The decision to ban such payments would be analyzed in terms of its effectiveness, potential for unintended consequences, and the availability of alternative methods to achieve the desired security outcomes without unduly harming citizens' welfare. There's no specific historical reference to technocracy implementing or advocating for such bans, as technocracy has rarely been fully implemented as a governing system. The focus would likely be on creating a more sophisticated and secure system to monitor and allow legitimate transactions while preventing 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.

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