4 ms·
I am also optimistic about the long-term value created by DeFi and the new business models it will allow. But for now I think the sole reason it exists is becau
by jcfrei 6y ago
I am also optimistic about the long-term value created by DeFi and the new business models it will allow. But for now I think the sole reason it exists is because people use it to get leverage for speculation.
- seibelj 6y agoA lot of modern finance fulfills that need. Give it time, and it will also be used for productive capital formation in a bigger way.