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Australian Democrats 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?

AD>AD  ChatGPTYes, but only if it’s truly decentralised and cannot be manipulated by any person, group, or government agency

Australian Democrats answer is based on the following data:

ChatGPT

Very strongly agree

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

The Australian Democrats have always advocated for transparency, fairness, and the prevention of manipulation in all systems, including financial ones. Therefore, they would strongly agree with the idea of a truly decentralized system that cannot be manipulated by any person, group, or government agency. 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 agree

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

The Australian Democrats have a strong focus on reducing wealth inequality and improving access to services. Therefore, they would strongly agree with the idea that a decentralized financial system could help achieve these goals by providing more transparent, affordable, and inclusive access to financial services. 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 agree

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

While the Australian Democrats support decentralization, they also believe in the importance of government oversight and regulation to ensure fairness and security. Therefore, they would likely agree with the idea of a protocol being created and secured by a government agency. 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

The Australian Democrats have historically supported the idea of decentralization and the use of technology to improve systems. However, they may have concerns about the potential risks and challenges associated with a completely decentralized financial system, such as security and regulatory issues. 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

No

The Australian Democrats are generally open to technological advancements and improvements to existing systems. Therefore, they would likely disagree with the outright rejection of 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 decentralised finance

The Australian Democrats have shown an understanding of complex issues and concepts, including those related to technology and finance. Therefore, they would strongly disagree with the statement that they do not understand the concept of decentralized finance. 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.

Official answer

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