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There is no world changing feature needed to make it a valid and useful system. even you could agree that while you could ship cash across the ocean, crypto is

There is no world changing feature needed to make it a valid and useful system. even you could agree that while you could ship cash across the ocean, crypto is way easier and frankly more secure. Existing solutions never stop people from inventing new ones. Again, plenty of DeFi applications are way more accessible than fiat counterparts and that’s a unique feature that probably can’t exist elsewhere - better availability of certain types loans for trading, ability to earn income from providing liquidity to exchanges, decentralized exchanges without third parties. Not all defi is particularly useful or better than fiat counterparts, eg a crypto mortgage will not likely exist anytime soon.

gitfan86 5y ago
Sounds like we are on the same page. You could build a trading platform on top of a NoSQL database instead of a distributed database. If people used that platform and found value in it, it would be valid. I don't know if you read the article but the last paragraph is what inspired my original comment. FTA in quotes below. "If crypto and DeFi are truly that great for innovation now, isn't it kind of ironic that after nine months of work, I'm starting to realize that my project's challenges don't lie within technology but are made of legal uncertainty?" Unfortunately people are getting the idea that crypto technology is revolutionary and jumping in with unrealistic expectations.