Not sure if you got what he said. It’s better because instead of transfer wise controlling the money from point A to point B and taking a percentage as a fee (

Not sure if you got what he said. It’s better because instead of transfer wise controlling the money from point A to point B and taking a percentage as a fee (0.1% or whatever) you have 10 000 people who build a liquidity pool where the money gets transferred from point A to B. All those 10 000 people share the 0.1% fee. Maybe less, in an extremely competitive space. Basically all the centralisation, the app takes a fee bullshit goes away, and instead you get 10 000 or 100k or 1mil people all sharing their money and receiving part of the fee. The dev can also write into the smart contract that he gets paid a percentage as well. Boom, you have a transferwise competitor with 100 mil in liquidity within days with 0 server costs. You can do this right now with a few days/weeks work on a decentralised application. You don’t think that’s big? Any app that “takes a cut” in exchange for having written a few thousand lines of code and maintaining server infrastructure will be challenged by decentralised alternatives.