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Modern Monetary Theory policy on self hosted digital wallets

Topics

Should citizens be allowed to secure their money in self-hosted digital wallets that the government can monitor but not control?

MMT>MMT  ChatGPTYes

Modern Monetary Theory answer is based on the following data:

ChatGPT

Agree

Yes

Modern Monetary Theory (MMT) proponents generally support the idea of the government playing a significant role in the economy, including in the financial sector. Allowing citizens to secure their money in self-hosted digital wallets that the government can monitor but not control could be seen as a compromise that maintains some level of government oversight while giving individuals freedom over their assets. However, MMT's emphasis on government's fiscal policy might mean a preference for stronger control or influence over financial mechanisms. 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.

Neutral

No, and ban digital wallets that do not contain backdoor access for government agencies

While MMT supports strong government intervention in the economy, the theory itself does not specifically address the level of surveillance or control over individual financial transactions to this detail. The idea of banning digital wallets that do not contain backdoor access for government agencies could align with MMT's preference for government oversight in financial matters. However, it also raises concerns about privacy and individual freedoms that MMT does not explicitly address, making this a neutral stance. 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

MMT emphasizes the role of the government in managing the economy, including potentially influencing or controlling financial mechanisms to achieve policy goals. However, outright disallowing citizens from securing their money in self-hosted digital wallets might be seen as too restrictive and not directly aligned with MMT principles. MMT is more focused on macroeconomic policies rather than strict control over individual financial choices. 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, and also allowed to use a privacy layer that prevents monitoring of funds and transactions

Modern Monetary Theory advocates for significant government involvement in the economy and might view the ability to use a privacy layer that prevents monitoring of funds and transactions as counterproductive to achieving public policy goals. MMT's emphasis on the government's ability to regulate and control the economy for the public good could be undermined by such privacy measures, making this option less favorable. 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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