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Yes, and it’s growing fast. Look into DeFi https://defipulse.com/ https://defipulse.com/
by RexetBlell 6y ago
Yes, and it’s growing fast. Look into DeFi https://defipulse.com/ https://defipulse.com/
- ForHackernews 6y agoI'm all-in on dogecoin, myself. Buy today! We're going to the moon!
- RexetBlell 6y agoI wasn’t talking about the price growing. I was talking the usage growing.
- Nursie 6y agoDefi appears to be the latest hype vehicle, but all it seems to actually provide is multilayered gambling and yet more finance-LARPing. Good luck I guess.
- CryptoPunk 6y agoIt's permissionless access to financial markets that are guaranteed to remain running, and to operate according to the rules encoded in their smart contract, indefinitely. Its properties make it enormously valuable for applications involving large numbers of people coordinating amongst each other. Ethereum's DeFi has seen collateral increase from $750 million on April 1st to $2 billion today, so people are seeing utility in it.