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Democratic Socialism policy on decentralized finance

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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?

DS>DS  ChatGPTYes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

Democratic Socialism answer is based on the following data:

ChatGPT

Very strongly agree

Yes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

Democratic Socialists strongly advocate for reducing wealth inequality and promoting financial inclusion. A decentralized financial system that provides more transparent, affordable, and inclusive access to financial services aligns with their goals of economic justice and equality. 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 agree

Yes, but I would prefer if the protocol was created and secured by a government agency instead of a decentralized protocol

Democratic Socialists may prefer a government-controlled decentralized financial system, as it could provide more oversight and regulation while still reducing corporate influence. This aligns with their general preference for government intervention in the economy to promote fairness and equality. 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

Democratic Socialists may support the idea of a decentralized financial system as it could reduce the power of large corporations and banks. However, they may also be concerned about the lack of regulation and potential for exploitation. 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 if it’s truly decentralized and cannot be manipulated by any person, group, or government agency

While Democratic Socialists may appreciate the idea of a truly decentralized financial system that cannot be manipulated, they may also be concerned about the lack of regulation and potential for exploitation. They generally support government intervention to protect citizens and ensure fairness, so a completely unregulated system may not align with their values. 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

Democratic Socialists generally advocate for reducing corporate power and influence, so they would likely not be in favor of maintaining the current centralized financial system. However, they may have concerns about the potential drawbacks of a decentralized system. 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, and I don’t understand the concept of decentralized finance

Democratic Socialists are generally well-informed about economic and financial issues, so it is unlikely that they would not understand the concept of decentralized finance. They may have concerns or disagreements about the implementation, but they would likely understand the concept. 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.

Public statements

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