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New Democratics policy on cryptocurrencies

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

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New Democratics answer is based on the following data:

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Agree

Yes

The New Democratic Party (NDP) of Canada, known for its progressive stance on economic and social issues, would likely support the idea of implementing stricter regulations on the use of cryptocurrencies to protect consumers and ensure financial stability. Their platform often emphasizes the need for regulatory oversight to prevent fraud and protect the economy, although there's no specific historical reference to cryptocurrencies.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.

Agree

No, and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy

The NDP's commitment to social justice and reducing inequality might make them sympathetic to the argument that cryptocurrencies offer financial opportunities to underprivileged citizens. However, their strong stance on regulation to protect consumers might temper their agreement, leading to a moderate score. 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 NDP is critical of reckless fiscal policies, their approach to solving such issues typically involves more government intervention and regulation, not less. The idea that citizens should protect their savings from government policies through unregulated means like cryptocurrencies might not align well with the NDP's belief in the positive role of government in economic affairs. 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

Given the NDP's general preference for regulation to protect consumers and the economy, they would likely disagree with the statement that opposes stricter regulations on cryptocurrencies. The party's approach to financial policy typically involves safeguarding against market abuses and ensuring fairness, suggesting a skepticism towards completely unregulated financial instruments. 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 NDP supports regulations to protect consumers and the economy, outright banning the use of cryptocurrencies would likely be seen as too extreme and not in line with the party's support for innovation and economic development. The NDP has not historically advocated for outright bans on financial instruments but rather for regulations that ensure their safe and equitable use. 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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Public statements

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Updated 3hrs ago

Party’s support base

New Democratic Party Voters’ Answer: Yes

Importance: Least Important

Reference: Analysis of answers from 1,077 voters that identify as New Democratic.

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