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Yeah, but de-fi had already been done successfully in the early 2000's well before Bitcoin and still didn't pan out in the end.
by highwaylights 4y ago
Yeah, but de-fi had already been done successfully in the early 2000's well before Bitcoin and still didn't pan out in the end.
- k__ 4y agoDone successfully and didn't pan out?!
- highwaylights 4y agoExactly! The infrastructure worked. The concept did exactly what it was supposed to. 100% successful. .. and yet lending to unreliable borrowers that no-one else wanted was still a stupid idea.
- redox99 4y agoWhat are you referring to?
- highwaylights 4y agoP2P lending. Or “De-Fi” as the children call it.