@ISIDEWITHQuestionseconomyStarted 3yrs agoActive 5mos ago

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?

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…  

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Answer Overview

Response rates from 253 Conservative voters.

41%
Yes
59%
No
29%
Yes
49%
No
8%
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
0%
Yes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

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Trend of support over time for each answer from 253 Conservative voters.

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Trend of how important this issue is for 253 Conservative voters.

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Other Popular Answers

Unique answers from Conservative voters whose views went beyond the provided options.

 @9QZCYDNfrom Ontario  answered…5mos5MO

I think that if people want to use that that's fine, but our whole financial system shouldn't switch to it as it's still young and unreliable with less security and oversight

 @9BS8F8Bfrom Ontario  answered…2yrs2Y

I like the idea of a decentralized financial system but only if it's backed by gold.

 @9BM5965from Ontario  answered…2yrs2Y

No, It would be too uncontrollable and open to hackers.

 @8ZSJL5Bfrom Ontario  answered…3yrs3Y

No, these should be owned by the government (basically nationalized)

 @8ZKF7MJfrom Ontario  answered…3yrs3Y

I think its good but also bad in some ways

 @8Z9DNBGfrom Ontario  answered…3yrs3Y

A mixed system is beneficial in my view.

 @97TX4J6from Alberta  answered…2yrs2Y

huh? no???

 @8YZQW4Zfrom Saskatchewan  answered…3yrs3Y

No, and the existing financial system should be dismantled

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 @ISIDEWITH submitted…2wks2W

Texas Offers Trump 1,400 Acres for His Mass Deportation Dream

Officials in Texas have offered President-elect Trump a 1,400-acre ranch for his mass deportation plan.Dawn Buckingham, land commissioner of the Texas General Land Office, said in a letter to Trump Tuesday that her office was “fully prepared” to work with federal agencies that are going to be involved in Trump’s immigration plan, and specifically deportation.Buckingham offered Trump a 1,402-acre lot in Starr County. The lot is owned by the Texas General Land Office and is roughly 35 miles west of McAllen, Texas.She said the agency is ready to work with the Department of Homeland Security and Immigration and Customs Enforcement (ICE) or the U.S. Border Patrol to build a facility on the land for “the processing, detention, and coordination of the largest deportation of violent criminals in the nation’s history.”“I am committed to using every available means at my disposal to gain complete operational security of our border,” Buckingham wrote.The letter and offering of land were first reported by The Texas Tribune. Last month, the state bought the land along the U.S.-Mexico border and has plans to build a wall.In the letter, Buckingham criticized her predecessor for not allowing a border wall to be built on the property. Those actions “enabled cartel members and violent criminals to sexually abuse migrant women and children on this land,” she said.On Monday, Trump signaled he would declare an immigration national emergency and use military assets to support his mass deportation plan when he returns to office.

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 @ISIDEWITH submitted…7 days7D

Netanyahu Shifts Focus to Iran After Cease-Fire with Hezbollah

Israel approved a cease-fire with Lebanon that is intended to bring a halt to more than a year of fighting with the Hezbollah militia and could help defuse a broader regional crisis that has threatened to ensnare the U.S. and other world powers.“I have some good news to report from the Middle East,” President Biden said on Tuesday, announcing a cease-fire that he said would begin at 4 a.m. local time on Wednesday.Israeli Prime Minister Benjamin Netanyahu backed the agreement earlier in the day, saying it would let Israel focus on the threat from Iran, allow the Israeli military to rest and rearm, and isolate Hamas.“The continuation of the cease-fire will be dependent on what happens in Lebanon. We will enforce the agreement and respond forcefully to every violation,” Netanyahu said.Lebanon’s prime minister, Najib Mikati, welcomed the agreement, saying it would bring “calm and stability in Lebanon and the return of the displaced to their homes and cities.”The Lebanese cabinet is expected to meet on Wednesday to approve steps to enforce the cease-fire, including sending government security forces to areas of southern Lebanon near the border with Israel.Hezbollah has indicated openness to a deal in recent days. “What concerns us are Lebanese national measures and the protection of sovereignty,” Hassan Fadlallah, a member of Parliament affiliated with the group, told The Wall Street Journal on Tuesday.The announcements came after a day of heavy bombardment of Beirut while Israeli ground forces advanced deeper into Lebanese territory. Minutes after Biden spoke, a series of explosions thundered in Beirut. Northern Israel also came under renewed rocket fire.There was no immediate public comment from Hezbollah on the announced cease-fire.If implemented, the agreement would be a diplomatic success for Biden in the twilight of his administration, after more than a year in which the White House has tried to fend off the possibility of a wider regional war. It could also change the landscape that President-elect Donald Trump will face when he takes office in January.

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