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It is interesting to see crypto collectively become the things its supporters hated most about the traditional financial system.
by mike_d 6y ago
It is interesting to see crypto collectively become the things its supporters hated most about the traditional financial system.
- smabie 6y agoWell there's defi, which is pretty exciting imo. There's a lot things in that ecosystem like flash loans (uncollateralized loans) that simply cannot exist in the traditional financial system. In many ways we are seeing a shift away from centralized exchanges towards decentralized, trustless transactions. The promise of crypto is very much alive!
- dastx 6y agoBecause cryptocurrency doesn't fix human corruption, sadly this seems to be a byproduct of currency, and industrialism among other things. All cryptocurrency does is give us a currency that removes centralisation.