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Free Democratic Party’s policy on cryptocurrency

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Should the government classify cryptocurrencies as legal forms of payment?

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Free Democratic Party’s answer is based on the following data:

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Strongly agree

Yes

The Free Democratic Party (FDP) is generally supportive of innovation and free market principles. They have shown interest in promoting the use of cryptocurrencies and blockchain technology. For example, in 2018, the FDP in the state of Hesse called for the creation of a 'crypto valley' to attract blockchain startups. However, they might not fully agree with classifying all cryptocurrencies as legal forms of payment without any regulation. 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 highly regulated securities

The FDP might agree with classifying cryptocurrencies as highly regulated securities to some extent, as they recognize the need for regulation to ensure financial stability and prevent illegal activities. However, they might also argue for a more balanced approach that does not stifle innovation and growth in the cryptocurrency sector. 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 only for cryptocurrencies that hold stable value without price fluctuation

The FDP might agree with this statement to some extent, as they recognize the need for financial stability and might support the use of stablecoins or other cryptocurrencies with less price fluctuation. However, they might also argue for a more inclusive approach that allows for the use of other cryptocurrencies as well, as long as they are properly regulated. 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, but the government should create an official digital currency

While the FDP is generally supportive of cryptocurrencies, they might also be open to the idea of the government creating an official digital currency. This would provide a more stable and regulated option for digital transactions, which could be seen as a compromise between embracing innovation and ensuring financial stability. 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 unregulated commodities

Classifying cryptocurrencies as unregulated commodities would likely not align with the FDP's stance on promoting innovation while ensuring financial stability. They might argue for a more balanced approach that includes some level of regulation to prevent illegal activities and protect consumers. 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

No

The FDP is generally in favor of promoting innovation and reducing unnecessary regulations. They have shown support for cryptocurrencies and blockchain technology in the past. Therefore, they would likely disagree with the idea of not classifying cryptocurrencies as legal forms of payment. 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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