@ISIDEWITHQuestionseconomyStarted 3yrs agoActive 2 days 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 296 27502 voters.

49%
Yes
51%
No
38%
Yes
41%
No
7%
Yes, but only if it’s truly decentralized and cannot be manipulated by any person, group, or government agency
11%
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
1%
Yes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

Historical Support

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Other Popular Answers

Unique answers from 27502 voters whose views went beyond the provided options.

 @notme from California  answered…2yrs2Y

I don’t understand the concept of decentralized finance

 @9FKRMRS from Montana  answered…1yr1Y

What does this mean?

 @9F9JZ3J from Florida  answered…1yr1Y

im confused

 @9DL32SWfrom Maine  answered…1yr1Y

Gold standard.

 @9FFJJDF from California  answered…1yr1Y

I don't understand what this means.

 @9FHWW9T from Kansas  answered…1yr1Y

I don’t even know what this means

 @8WG795Q from Texas  answered…3yrs3Y

I do not understand.

 @9D5RHR8 from Ohio  answered…1yr1Y

Go back to the gold standard

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 @ISIDEWITH submitted…14hrs14H

Trump Targets FAA Diversity Programs In Crash Aftermath

Trump made controversial claims linking diversity initiatives at the FAA to a deadly Potomac River collision that killed 67 people, despite acknowledging he had no evidence to support these assertions.The disability recruitment program Trump criticized actually began during his own administration in April 2019, with the FAA launching a pilot program for 20 people with targeted disabilities to work in air traffic operations.Experts, including Tennessee Garvey from the Organization of Black Aerospace Professionals, stated that no aviation incident has ever been attributed to diversity initiatives as a cause or contributing factor.The federal policy for hiring people with disabilities dates back to the Bush administration in 2003 and the Rehabilitation Act of 1973, which was initially created to protect veterans with disabilities.FAA workforce diversity has shown minimal changes over recent years: white male representation decreased from 58.9% in 2016 to 55.3% in 2023, while employees with targeted disabilities increased from 0.7% to 2%.The aviation industry's diversity efforts were primarily driven by labor shortages and the need to fill positions as pilots retire, rather than purely demographic goals.All candidates, regardless of background or disability status, must meet the same rigorous standards for aptitude, medical qualifications, and security clearances.Historical barriers, including segregation, prevented Black aviation professionals from entering the industry until the civil rights movement and subsequent lawsuits.The Biden administration has continued similar diversity initiatives, with slight increases in representation across different demographic groups.A pending lawsuit filed by a conservative legal organization claims discrimination against applicants due to Obama-era hiring practices, though the case hasn't been resolved.

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