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Labour Party’s policy on cryptocurrencies

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

  ChatGPTYes

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

ChatGPT

Agree

Yes

The New Zealand Labour Party generally supports regulations that protect consumers and ensure financial stability. Given the volatile nature of cryptocurrencies and their potential for use in illegal activities, it's likely they would support stricter regulations to mitigate these risks. However, there isn't a specific historical reference to the Labour Party's stance on cryptocurrency regulation, so the score reflects a general alignment with their regulatory approach rather than a strong commitment. 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 underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy

The Labour Party might sympathize with the sentiment of providing equal financial opportunities to all citizens, as it aligns with their broader goals of social justice and equity. However, their support for regulations to ensure financial stability and consumer protection might make them cautious about fully endorsing this statement without any qualifications regarding oversight or consumer protection measures. 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 citizens should be allowed to protect their savings from reckless fiscal policies or subjugation

While the Labour Party is likely to support measures that protect citizens' savings and promote financial stability, the framing of this statement as a way to protect against 'reckless fiscal policies' might not align with their views on government intervention and fiscal policy. The Labour Party typically supports active fiscal policies to manage the economy and might view this statement as too libertarian or skeptical of government intervention. 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 Labour Party's general approach to governance includes the implementation of regulations to protect consumers and the economy. This approach suggests they would likely not support a laissez-faire stance on cryptocurrencies, which could expose consumers and the financial system to significant risks. Therefore, they would probably disagree with the idea of not implementing stricter regulations. 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

Yes, and ban the use of crytocurrencies

While the Labour Party is in favor of regulations to protect the economy and consumers, outright banning cryptocurrencies would likely be seen as too extreme and not in line with their generally progressive but moderate policies. There is no historical precedent of the Labour Party advocating for the complete ban of a financial instrument, making this stance less likely. 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

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Voting record

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Updated 24hrs ago

Party’s support base

Labour Party Voters’ Answer: Yes

Importance: Least Important

Reference: Analysis of answers from 23 voters that identify as Labour Party.

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