Decentralized Finance (commonly referred to as DeFi) is a blockchain based and cryptographically secure form of finance. Inspired after the financial crisis of 2008, DeFi does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum. DeFi platforms allow people to verify any transfer of ownership, lend or borrow funds from others, speculate on price movements on a range of assets using derivatives, trade cryptocurrencies, insure against…
Read more52% Yes |
48% No |
36% Yes |
38% No |
11% Yes, but only if it’s truly decentralized and cannot be manipulated by any person, group, or government agency |
10% No, and I don’t understand the concept of decentralized finance |
3% Yes, but I would prefer if the protocol was created and secured by a government agency instead of a decentralized protocol |
|
2% Yes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services |
See how support for each position on “Decentralized Finance” has changed over time for 114k America voters.
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See how importance of “Decentralized Finance” has changed over time for 114k America voters.
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Unique answers from America users whose views extended beyond the provided choices.
@notme2yrs2Y
I don’t understand the concept of decentralized finance
@8WGK7PZ3yrs3Y
I don’t understand this.
@8WFSMSV3yrs3Y
i do not understand this question
@8WG795Q3yrs3Y
@9FCPPVY7mos7MO
I do not understand this
@8WFSTNY3yrs3Y
Create LOH, Legion of Homeless, in which all of our funds, i.e. trillions of dollars, are to be managed by drunk homeless people.
Explore other topics that are important to America voters.
@ISIDEWITH12mos12MO
Active 2 days agoIn 2023 Supreme Court Justices Clarence Thomas and Neil Gorsuch were criticized after news articles revealed they had personal financial transactions with people who had interest in court decisions. Politico reported that Justice Gorsuch sold a vacation property to the CEO of a prominent law firm which…
@ISIDEWITH3wks3W
In a series of developments that have stirred the political landscape, former President Donald Trump has publicly endorsed the presidential bid of independent candidate Robert F. Kennedy Jr., describing it as 'great for MAGA.' Trump's remarks came after Kennedy announced his vice-presidential pick, further intensifying the political discourse. Trump, in his characteristic style, took to social media to express his views, labeling Kennedy as the 'most radical left' candidate in the race and highlighting the liberal credentials of Kennedy's running mate, Nicole Shanahan. Despite his criticism of their political stance, Trump views Kennedy's candidacy as beneficial for his MAGA movement, suggesting it could potentially divide the Democratic vote.Kennedy, a figure who has long been associated with controversial views, particularly on the rule of law and established science, has drawn criticism and concern from various quarters. His decision to run for president and the subsequent endorsement by Trump has sparked a flurry of reactions, with some seeing it as a strategic move that could impact the Democratic Party's chances in the upcoming elections. Allies of President Joe Biden have expressed alarm over Kennedy's bid, fearing it could siphon off crucial votes from the left, thereby posing a significant threat to Biden's reelection efforts.The political dynamics surrounding Kennedy's candidacy and Trump's endorsement underscore the complex and often unpredictable nature of American politics. As the race for the presidency heats up, the strategies employed by candidates and their supporters are coming under increased scrutiny. The potential impact of Kennedy's run on the Democratic vote is a topic of much speculation, with analysts and political observers closely monitoring the situation.Trump's support for Kennedy, despite their ideological differences, highlights the former president's tactical approach to politics. By endorsing a candidate who could potentially weaken his opponents, Trump is playing a strategic game, aiming to maximize his own chances of success. This move has not only added a new dimension to the political landscape but has also raised questions about the future direction of both the Republican and Democratic parties.As the United States gears up for another presidential election, the emergence of candidates like Robert F. Kennedy Jr. and the reactions they provoke from figures like Donald Trump are indicative of the shifting sands of American politics. With the electorate increasingly polarized, the outcome of the election remains uncertain, and the strategies adopted by candidates will be crucial in determining the path forward.
