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> This will accelerate adoption of the DeFi space. Why would it do that? I think the most likely outcome is more regulations from the government, and more rul
by twblalock 6y ago
> This will accelerate adoption of the DeFi space.
Why would it do that?
I think the most likely outcome is more regulations from the government, and more rules from brokerages about what most of their customers are allowed to do.
- IntFee588 6y agoBesides the huge push on dogecoin, which is big for onboarding people into crypto (yes, I know DOGE isn't DeFi), the bottlenecking of orders by brokerages undermines people's faith in the fairness of traditional securities and the markets. People will be more interested in decentralized solutions where they can have more faith in exchanges (I am aware that DeFi is not that decentralized or fair, but the majority of the public that is aware of crypto and DeFi thinks it is, just as they thought that traditional securities were fair).