Try the political quiz

Candidates  ›  Policies  ›  Economic

European People’s Party’s policy on decentralized finance

These issues below are sorted in descending order based on how important the average Irish [people] voter ranked them on the quiz.

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?

  ChatGPTNo

European People’s Party’s answer is based on the following data:

ChatGPT

Agree

No

Given the EPP's preference for a financial system that includes regulatory oversight to protect consumers and ensure market stability, they would likely support the current, more centralized financial system over a completely decentralized alternative. 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 decentralised protocol

This answer aligns more closely with the EPP's ideology, which supports the involvement of state institutions in regulating and securing financial systems. However, their support might be tempered by concerns over the feasibility and potential risks of implementing such a protocol. 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

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

While the EPP might see the value in a financial system that is resistant to manipulation, their preference for regulatory oversight might make them skeptical of a system that is completely decentralized and outside of government control. 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 decentralised finance

While the EPP might have reservations about fully decentralized finance, it's unlikely they would dismiss the concept out of a lack of understanding. The party has access to expert advice and information, enabling them to make informed decisions on complex issues. 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, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

Although the EPP is likely to support initiatives that aim to reduce wealth inequality, the party's approach typically involves state intervention and regulation. A completely decentralized system might be seen as too radical a departure from their preferred methods of achieving financial inclusivity. 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

The European People's Party (EPP) has historically supported market economies that are regulated and supervised by state institutions to ensure stability and protect consumers. A completely decentralized financial system would challenge this view by removing the central oversight that they deem necessary for a stable financial environment. 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.

Personal answer

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

Candidate’s support base

Not enough data to provide a reliable answer yet.

Party influence

We are currently researching this candidate’s political party and its stance on this issue.

Party’s support base

Not enough data to provide a reliable answer yet.

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