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Joe Biden’s 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?

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

Joe Biden’s answer is based on the following data:

ChatGPT

Agree

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

Biden's administration has shown a preference for government regulation and oversight in many areas, including finance. Therefore, it is likely that he would prefer a protocol created and secured by a government agency over a completely decentralized protocol. 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

Given Biden's cautious approach towards cryptocurrency and lack of explicit support for decentralized finance, it is likely that he would not support a complete transition to a decentralized financial 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.

Agree

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

Biden has shown a commitment to reducing wealth inequality, and may therefore see the potential benefits of a more transparent and inclusive financial system. However, his cautious approach towards cryptocurrency suggests that he may not see a completely decentralized system as the best way to achieve this. 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 agree

Yes, but only if it’s truly decentralized and cannot be manipulated by any person, group, or government agency

While Biden may support the idea of a financial system that cannot be manipulated, his cautious approach towards cryptocurrency suggests that he may not fully trust a completely decentralized system to achieve this. 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

While Biden has not explicitly stated his position on decentralized finance, his administration has shown a cautious approach towards cryptocurrency, a form of decentralized finance. This suggests he may not fully support a complete transition to a decentralized financial 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.

Very strongly disagree

No, and I don’t understand the concept of decentralized finance

As a seasoned politician, it is unlikely that Biden does not understand the concept of decentralized finance. His administration's cautious approach towards cryptocurrency suggests that he is aware of the concept, even if he does not fully support it. 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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