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Come on man, this is a bad faith argument. Show me a smart contract that can issue an undercollateralized loan. Turns out that takes manpower, time, and energy

Come on man, this is a bad faith argument. Show me a smart contract that can issue an undercollateralized loan. Turns out that takes manpower, time, and energy to underwrite this stuff.

TGIF 4y ago
Flash loans happen all day every day for millions of dolllars with zero collateral
losermode 4y ago
coming soon https://blog.chain.link/undercollateralized-lending-teller-deco-poc/ https://blog.chain.link/undercollateralized-lending-teller-d...
Waterluvian 4y ago
Banks are also far more competent at being financially efficient. It’s kind of their thing. This sounds like the typical, “other industry is run by dumb people. They need us tech devs to come civilize them.”