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Their tokens are down, but you don't have to buy them to use the platform, they're basically like shares in a company. I constantly use all those platforms with
by TimJRobinson 4y ago
Their tokens are down, but you don't have to buy them to use the platform, they're basically like shares in a company. I constantly use all those platforms without ever buying their tokens.
AMZN being down 30% in the last 6 months has no impact on how useful Amazon or AWS are as products.
- Wertigoyr 4y agoWhat does there platform provide then?
- basch 4y agoCurrency exchange. P2P Lending. Money services.
- nradov 4y agoBut the problem is that it's not real currency and you can't do anything useful with it beyond trying to trade it to a bigger idiot.
- whatisweb3 4y agoSome people want USDC, some people want non fungible assets, some people want ETH, some people want an ERC20 that backs an idea or organization. DeFi let’s these users manage these assets without placing them in the hands of a single actor. Saying nobody wants ETH or USDC is like saying nobody wants AMZN or AAPL shares. What you really mean is that you are not interested in those assets.
- nradov 4y agoThose are not "assets" in any meaningful sense. You're just making things up.
- whatisweb3 4y agoETH or USDC are as much “assets” as stocks, gold, bonds, property, domain names. Humans and social consensus made all of this up.