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Protectionism 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?

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

Protectionism answer is based on the following data:

ChatGPT

Strongly agree

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

This answer aligns closely with protectionist ideals by advocating for government control and oversight of critical infrastructure, including financial systems. It suggests a balance between innovation and national security, ensuring that the government can protect domestic interests. 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

Protectionists might prefer maintaining a centralized financial system that can be regulated and controlled at the national level, ensuring that domestic interests are prioritized and protected from global market fluctuations and foreign influence. 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, and I don’t understand the concept of decentralised finance

While not directly related to protectionism, skepticism or lack of understanding about decentralized finance aligns with a cautious approach to radical changes in national financial systems, which protectionists might favor to avoid potential risks to economic security. 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, but only if it’s truly decentralised and cannot be manipulated by any person, group, or government agency

While protectionists might appreciate the idea of a system that cannot be manipulated by foreign entities, the emphasis on true decentralization could reduce the ability of the national government to exert control and protect domestic interests, which is a core tenet of protectionism. 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

Protectionism generally favors national control over key industries, including finance, to protect domestic jobs and industries from foreign competition. A completely decentralized financial system could undermine national control and regulatory oversight, conflicting with protectionist policies. 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

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

Protectionism often involves measures that can inadvertently maintain or increase wealth inequality, such as tariffs and quotas that protect domestic industries but can raise prices for consumers. A focus on reducing wealth inequality through decentralization may conflict with protectionist strategies that prioritize national economic security and domestic job protection over global equity. 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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