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> interoperability between many projects and their tokens, data, stablecoins, etc that's pretty much what I meant by > crypto enthusiasts finding exotic new w
by ineptech 5y ago
> interoperability between many projects and their tokens, data, stablecoins, etc
that's pretty much what I meant by
> crypto enthusiasts finding exotic new ways to gamble with each other
Interoprability between cryptos is all DeFi can do. What's the other use case? If I said, "I was going to do X, but thanks to the power of DeFi it makes sense to pay the fees and absorb the volatility risk to do it on a blockchain", what's X?
- baby 5y agoI’m not sure I get your point. It’s like you’re talking about this new exotic crypto thing when all crypto is is a new way of transfering value. If you see the different crypto projects as different currencies then you realize that this is really simply about transfers between currencies that don’t have to go through dozens of middle men. You might live in a bubble but remittances is a huge thing in the world you live in.
- ineptech 5y agoIt seems like we're saying the same thing. I complained that all defi can do is trade cryptocurrencies, and you said ah, but it can also trade cryptocurrencies. I don't know what kind of remittances you think I'm in a bubble for being unaware of. The best way to explain would be to actually answer my question: what's the non-crypto use case that can be solved better with defi than without it?