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The web roughly took from 1995 to 2005 to take off. DLT and DeFi manage value, not just data or customer interactions, the cost of every error can be devastatin
by iSnow 6y ago
The web roughly took from 1995 to 2005 to take off. DLT and DeFi manage value, not just data or customer interactions, the cost of every error can be devastating. Yet, DeFi already has a couple of billions under management which isn't too bad.
I do agree that the fixation on decentralization over everything isn't going to cut it, DLT will be backend tech used to secure hybrid applications. I don't see anyone paying in bitcoin or having an ETH wallet for daily purposes.