3 ms·
Tell this to the stock market? Or any other form of finance that isn’t strictly focused on buying an apple from your local grocer? You can move money across th
by whatisweb3 4y ago
Tell this to the stock market? Or any other form of finance that isn’t strictly focused on buying an apple from your local grocer?
You can move money across the world, take loans or lend assets, place investments, manage funds, deposit into escrow, do peer to peer exchange of assets across a range of stability and fungibility, donate immediately and anonymously to nonprofits, setup auctions and crowdfunds. These are useful financial tools, and still working fine in DeFi even after prices crash. You can also do many of these things in tradfi and CeFi in some countries, but without the “De” part, decentralization.
I am curious - have you tried DeFi?