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I know people who have lost money to defi hacks, scams and counterparty risk. The total value significantly exceeds what I believe my friends have ever lost in
by robbiep 4y ago
I know people who have lost money to defi hacks, scams and counterparty risk. The total value significantly exceeds what I believe my friends have ever lost in the real world. So I’m not seeing the corrupt institution risk that is so trumpeted by the cryptobros. I’m also not convinced that ubiquity of internet access is anywhere close to providing a decent alternative in terms of access.
- rglullis 4y agoLet me guess: your friend is from a reasonably developed country and was putting money on defi as a way to "invest"?