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If you vote for anyone else other than Biden, it increases Trumps chance to win (due to a lower amount of total votes for Biden) since we are a 2 party system even though we pretend we aren't. Is this not widely known? We know it's not a literal vote for Trump, but it might as well be a theoretical one.
It is, in fact, widely known.
De-jure we are a multi-party system. De-facto we are a 2 party system.
Without splitting any further hairs, yes; that's essentially correct.