The comparison to banks as shock absorbers is pretty rich. It has been only 12 years since banks caused global recession due to secrecy and greed. At least the

The comparison to banks as shock absorbers is pretty rich. It has been only 12 years since banks caused global recession due to secrecy and greed. At least the decentralized options are more open, despite any flaws, which would be shared by centralized finance anyways. A mix of centralized and decentralized seems the safest.