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@ISIDEWITHQuestionsEconomy5yrs 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 2.2k Australia voters.

51%
Yes
49%
No
38%
Yes
39%
No
9%
Yes, but only if it’s truly decentralised and cannot be manipulated by any person, group, or government agency
10%
No, and I don’t understand the concept of decentralised finance
4%
Yes, but I would prefer if the protocol was created and secured by a government agency instead of a decentralised protocol
1%
Yes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

Historical Support

Trend of support over time for each answer from 2.2k Australia voters.

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Historical Importance

Trend of how important this issue is for 2.2k Australia voters.

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Other Popular Answers

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

 @8WFF26Danswered…5yrs5Y

I would prefer to educate myself more on this topic before answering

 @aicroanswered…4yrs4Y

I don’t understand the concept of decentralised finance.

 @92DNLYHanswered…4yrs4Y

No, because banking systems should be subject to government regulation, and should not have an outsized environmental impact

 @92DPRNZanswered…4yrs4Y

I am leaning towards yes, but this uses a lot of processing power and therefore energy

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 @ISIDEWITHDiscuss this answer...…2yrs2Y

Do you support the government calling for a permanent ceasefire in Gaza?

Yes

▲  1.4k6 replies5 disagree

About This Data

Based on 2.2k responses to this question.

These results come from iSideWith's ongoing political issues survey. We collect over a million responses per day, filter out duplicate and multiple submissions, and break the results down by political party, ideology, age, state, and census demographics (income, race, education, household).

iSideWith is non-partisan — we don't advocate for any party, candidate, or position. We report what the public tells us.

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iSideWith. (2026). “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?” — Public Opinion Poll Results. Retrieved June 26, 2026, from https://australia.isidewith.com/polls/4705805083

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