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Cefi flash loans It means a healthy economy and tons of deals, if it wasn’t so exclusive the banks wouldn’t have any business but it’s hard to say if it would
by vmception 5y ago
Cefi flash loans
It means a healthy economy and tons of deals, if it wasn’t so exclusive the banks wouldn’t have any business but it’s hard to say if it would be bad. I think more and smaller deals would be finished
Like, employees could do cashless stock option exercise by just going to the Fed’s overnight lending market instead of dealing with boutique lenders
- MuffinFlavored 5y agoFor anybody else who doesn't know what CeFi means: https://swissborg.com/blog/defi-vs-cefi https://swissborg.com/blog/defi-vs-cefi
- vmception 5y ago> There is no argument that the advent of blockchain democratised access to finance. You’d think MySQL would have been the tool to tackle this obvious use case over all these years if you read this forum
- jules-jules 5y agoDidn't you get the memo, there really is no use case for blockchain.
- vmception 5y agoI kind of like the moving goal posts for being against blockchain based digital assets and settlement, I think it accelerates a lot of the improvements and everyone inside the space gets to participate in this global boom town either way Its interesting how outdated the detractors ideas get, and fascinating what new detractions they come up with
- imtringued 5y agoIt's sort of like there are two flavors of ice cream but the second flavor has much smaller portions. It's just ice cream in the end.