2 ms·
Anytime I see a DeFi proponent saying something like this: > is so powerful in unlocking financial services for disenfranchised people around the world What I
by shkkmo 5y ago
Anytime I see a DeFi proponent saying something like this:
> is so powerful in unlocking financial services for disenfranchised people around the world
What I hear is "we have a new way to trick the unsavy and take all their money."
Without any actual connection to divedends / voting rights / IPOs, all the traditional excuses of stock trading vanish and you are left with straight-up gambling.
The guy quoted isn't the Robin Hood, he's the Sheriff of Nottingham stealing from the poor.