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you are completely wrong. I don't want to explain other use cases here but even though for jpeg's of apes, Ethereum or blockchain industry created a more inclus
by m00dy 4y ago
you are completely wrong. I don't want to explain other use cases here but even though for jpeg's of apes, Ethereum or blockchain industry created a more inclusive economy. (now all the artists, they know at least one more way to monetize their art.)
- andruby 4y agoYou don’t want to explain the other use-cases? Would you mind linking to a place that does explain them?
- m00dy 4y agoDeFi has concrete use cases. Just look at how derivatives and options work in DeFi. You will see how financial products work in traditional finance. You can understand them by reading their smart contract code. Another example would be reading the code of uniswap [0]. It is a decentralized exchange in other words, it lets you exchange your value without intermediaries and a central authority by having an algorithmic pricing. (Actually, by saying algorithmic, It is actually pretty simple pricing curve :) but it works :). I hope it is clear. thank you.
- ogogmad 4y ago> You will see how financial products work in traditional finance. You can understand them by reading their smart contract code. But this doesn't need DeFi. You could have open-source trading software without Ethereum.
- m00dy 4y agoYou could have many things but practically speaking we don't have it :)