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Have you seen: - https://uniswap.org/ https://uniswap.org/ - https://aave.com/ https://aave.com/ - https://makerdao.com/ https://makerdao.com/ - https://yea

• sanderjd 5y ago
  It looks to me like uniswap epitomizes the real world ownership problem discussed in the article we're discussing. "An experiment in tokenized socks" is (unironically?) highlighted on their home page. Aave seems like something that is useful within the bubble of cryptocurrency traders, but not outside it. It strikes me as a meta thing, not a thing. It doesn't work if cryptocurrencies are never useful for anything outside that bubble. Does Dai have a strategy for being actually useful as a currency to purchase things? Bitcoin has been trying to be useful as that for a decade with very little success. Yearn seems to be in the same boat as Aave, it only exists in this bubble of cryptocurrency speculation. None of this stuff or anything adjacent to it exists for anyone I interact with in my life outside of this website. What will blockchain technology be known for amongst people who are neither computer science nerds nor financial speculators? If it's just a new kind of speculative asset, like a new kind of derivative, then fine, that's innovative in a way, but it is extremely niche.