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Expert Pundits

These active users have achieved advanced knowledge of the terminology, history, and legal implications regarding the topic of Decentralized Finance

1273 Replies

 @B779HR3 from North Carolina  answered…3wks3W

I feel there should be certain things. because some people may not be able to do everything they do.

 @B6VZLP8 from North Carolina  answered…1mo1MO

Absolutely not. We do not have regulators or protections in place. Most experts on decentralized currencies seem to be con artists. The technology is too new for our politicians to understand the implications of their actions.

 @B4DLB9P from North Carolina  answered…6mos6MO

I support a centralized Internet, but if we want to centralize it, we have to take into account the interests of each company and require more mediation.

 @B22L9XD from North Carolina  answered…10mos10MO

It could work, but most definitely right now at the peak of cyber crime. The security would need to be top tier.

 @9ZC3ZHCIndependent from North Carolina  answered…11mos11MO

I don't believe we understand decentralized currencies enough to make such a wide sweeping judgment about it right off the bat.

 @9Y4RKMN from North Carolina  answered…11mos11MO

No, because it has yet to have been demonstrated that a 'decentralized' banking system can be anywhere near as safe, secure and by-the-people-for-the-people as smaller, non-multinational/non-corporate community banks.

 @9WGXMP3 from North Carolina  answered…12mos12MO

I do not understand the question and am not able to give my opinion on something I know nothing about.

 @9VQ29XVIndependent from North Carolina  answered…12mos12MO

I sort of do. It would be nice to have nobody running it so it would be fair but if its not ran by anyone who knows what it could do.

 @9SX97LBRepublican from North Carolina  answered…1yr1Y

This is dumb, corporations are business and if we make a different market they will rise within that. That has too many chances of loopholes to even be waisted on.

 @9NKVSCT from North Carolina  answered…1yr1Y

I’d have to do more research on the topic, but it shouldn’t be controlled by any corporation anyways and should be more transparent, affordable, and have equal access to financial services

 @9M5KQF7 from North Carolina  answered…1yr1Y

It is a general term that encompasses the part of the crypto universe dedicated to building a new financial system.

 @9LQ5FD9Democrat from North Carolina  answered…1yr1Y

I don't think the government should be involved with the control of the internet unless it is to make sure nothing illegal is happening

 @9KSDZ9Z  from North Carolina  answered…2yrs2Y

Yes, for banking systems, yet leave investors and other risk-taking corporations separate from the decentralized protocol.

 @9HH8FQT from North Carolina  answered…2yrs2Y

No. While it does provide transparency of transactions through blockchain, it is not a stable enough system to sustain a large economy such as the United States.

 @9GS9NLQIndependent from North Carolina  answered…2yrs2Y

I do not believe people would benefit from a decentralized system at this time, perhaps in future when the concept is more sound, understood, and more prevalently accepted.

 @9DQKBWL from North Carolina  answered…2yrs2Y

 @9DKVM83 from North Carolina  answered…2yrs2Y

a deconstruction of our captilist society is required to properly implement decentralized finance. as it stands we dont have any way to allow for a system like this

 @9F477G4 from North Carolina  answered…2yrs2Y

 @9D5RY8R from North Carolina  answered…2yrs2Y

Yes, but only if the decentralized protocol could not be manipulated by any person, group, or government agency and that it would be completely transparent to the public.

 @96PYRC6 from North Carolina  answered…3yrs3Y

 @969NQF4 from North Carolina  answered…3yrs3Y

 @95PMTJ6 from North Carolina  answered…3yrs3Y

No it’s also stupid, dumb and harmful to the environment just like cryptocurrency

 @92K2XL9 from North Carolina  answered…3yrs3Y

 @8ZVBTF5 from North Carolina  answered…4yrs4Y

Honestly, I'm not quite familiar with decentralized currency, but I do know that crypto and NFT's need to be heavily regulated to prevent fraud.

 @8ZPDJ9VGreen from North Carolina  answered…4yrs4Y

People should have the choice between decentralized and institutional finance.

 @9CL5TBT from North Carolina  answered…2yrs2Y

Yes, but I would prefer if the protocol was created and secured by the private sector instead of a decentralized protocol.

 @96XQ47G from North Carolina  answered…3yrs3Y

No, and I don't believe that anyone that creates the platform truly understands Finance

 @9C5MPVN from North Carolina  answered…2yrs2Y

 @9BTYC6L from North Carolina  answered…2yrs2Y

Maybe, it is certainly something states can try at first before being a national standard

 @9C6N4NX from North Carolina  answered…2yrs2Y

It depends on the situation the great leader will be facing at the time.

 @9C5QG92 from North Carolina  answered…2yrs2Y

as long as its the best interest of the presidents career and future of the nation.

 @9TF7HFW from North Carolina  answered…1yr1Y

This question also has far too many complexities to give a simple yes or no answer. There are far too many underlying concerns that must be addressed before one can even begin to fathom thinking of this question. Decentralization is a great idea, on paper, however without all of the details being completely hashed out and policies that derive from those details being reinforced to ensure there is no manipulation, we cannot begin to dwell on the answer for this question.

 @9KJZPJW from North Carolina  answered…2yrs2Y

It can go both ways, I think if it is something under a company and for safety purposes, then the government can be involved, but if it is for personal purposes, then the government should NOT have their nose in it.

 @9HLR9KH  from North Carolina  answered…2yrs2Y

No we shouldn't use this because we are putting more and more trust in technology which means less human interaction then leads to more societal issues.

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