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Economic Interventionism 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?

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

Economic Interventionism 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 decentralized protocol

This answer aligns closely with the principles of economic interventionism, which supports the idea of government involvement in the economy to correct market failures and ensure the welfare of its citizens. A protocol created and secured by a government agency would allow for oversight, regulation, and the potential to intervene, which are key aspects of this ideology. 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 decentralized protocol

This answer aligns well with Economic Interventionism as it suggests a role for government in creating and securing the protocol. This would allow for some level of intervention and regulation, which is a key tenet of this ideology. 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

Economic Interventionism supports the idea of government intervention in the economy. A decentralized financial system would limit the government's ability to intervene and regulate, hence the agreement with this statement. 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, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

Economic interventionism might view the potential of decentralized finance to reduce wealth inequality positively, as it aligns with the ideology's goals of promoting social welfare and correcting market imbalances. However, the complete lack of centralized control or oversight might be a concern, as interventionists typically believe in the government's role in regulating and stabilizing the market. 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

Supporters of economic interventionism might agree with this stance to some extent because they generally favor some level of government oversight in financial systems to prevent market failures, protect consumers, and ensure financial stability. A completely decentralized system could undermine these goals by limiting the government's ability to intervene in financial crises or regulate malicious financial practices. 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.

Slightly agree

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

While economic interventionism supports the use of government policy to correct market failures and protect consumers, the emphasis on a system being 'truly decentralized' and immune to manipulation by any entity, including government agencies, might be seen as too hands-off from an interventionist perspective. They might support decentralization to an extent but would likely advocate for some form of oversight to ensure consumer protection and financial stability. 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.

Slightly agree

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

Economic Interventionism agrees with the goal of reducing wealth inequality and promoting inclusive access to financial services. However, the means of achieving this through a completely decentralized system may not align with the ideology's belief in government intervention. 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.

Neutral

Yes

Economic interventionism, which involves government intervention in the market to correct market failures and promote social welfare, might have a neutral stance on the transition to a decentralized financial system. This ideology typically supports some level of centralized control or oversight to ensure market stability and protect consumers, which might conflict with the completely decentralized nature of such a protocol. 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.

Slightly disagree

No, and I don’t understand the concept of decentralized finance

Economic interventionism does not inherently oppose new financial technologies or systems, including decentralized finance (DeFi). However, the lack of understanding or skepticism towards DeFi might not align with the ideology's openness to using government policy to guide economic development and innovation. Interventionists might seek to understand and potentially regulate DeFi rather than dismiss it due to a lack of understanding. 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, and I don’t understand the concept of decentralized finance

The score is negative because Economic Interventionism does not inherently reject understanding of new concepts like decentralized finance. However, the ideology would likely disagree with the sentiment of not wanting to understand, as it values informed decision-making. 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

Economic Interventionism advocates for government intervention in the economy to correct market failures and promote the general welfare. A completely decentralized financial system would limit the government's ability to intervene, hence the disagreement. 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 decentralized and cannot be manipulated by any person, group, or government agency

While Economic Interventionism does not inherently oppose decentralization, the idea of a system that 'cannot be manipulated by any person, group, or government agency' goes against the ideology's belief in the necessity of government intervention to correct market failures. 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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