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I don’t think that “sound economic policy” would, for example, have major banks offering flash loans. There are many things that can only be achieved through d
by downandout 6y ago
I don’t think that “sound economic policy” would, for example, have major banks offering flash loans. There are many things that can only be achieved through decentralization. Policymakers and banks alike have a serious interest in remaining gatekeepers, and would never enable many of the DeFi functions.
- socialentity 6y agoOn the other hand, if flash loans are not sound economic policy, doesn't that imply they won't prevail? Evolution will weed them out.