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I think a lot of the people discussing all the crypto news (even here where people normally tend to have high technical literacy) have never bothered to try yie
by pcthrowaway 4y ago
I think a lot of the people discussing all the crypto news (even here where people normally tend to have high technical literacy) have never bothered to try yield farming or using defi, to understand the distinction.
Which is a shame, because whatever your feelings on crypto are, I'd rather see well-formed criticisms from crypto-literate people than critical or supportive comments from people who actually don't know anything they're talking about. $5-20 is enough to get an understanding of what defi is (fees on Polygon and Fantom are fractions of pennies), but it does perhaps require an investment of 5-20 hours as well.
- nradov 4y agoI don't need to invest 20 hours into learning about astrology to know that it's obviously bullshit.
- yieldcrv 4y agoI think the best things news organizations can do is highlight more mundane things Like how someone was immediately reimbursed by an insurance protocol following an exploit Instead of a news article only about the exploit and losses