3 ms·
Right, and it's not just neat little experiments. There already is big money on Ethereum's DeFi: billions lended, transacted between assets, leverage longs/shor
by leppr 6y ago
Right, and it's not just neat little experiments. There already is big money on Ethereum's DeFi: billions lended, transacted between assets, leverage longs/shorts taken.
Add to that experimental unpegged stablecoin projects[1], and you realize the dream of a "P2P electronic cash system" is alive and well. It's just being worked on by different groups than originally (because if you own a big bitcoin stash now, it's hard to resist the temptation of pushing the SoV/ponzi narrative).
[1]: https://debaseonomics.io/ https://debaseonomics.io/, https://reflexer.finance/ https://reflexer.finance/