4 ms·
Did the blockchain fail here? Blockchain and DeFi was created to solve these very problems of centralized trust and human financial fraud. Uniswap and Aave with
by zeroclip 4y ago
Did the blockchain fail here? Blockchain and DeFi was created to solve these very problems of centralized trust and human financial fraud. Uniswap and Aave withdrawals are working just fine.
Leaving your coins on a centralized exchange kills the reason for a blockchain and DeFi. It’s crypto by name only.
- Bubble_Pop_22 4y ago> centralized trust and human financial fraud. Uniswap and Aave withdrawals are working just fine. Finance always follows commerce. It’s commerce which ultimately creates an organic price floor for assets. Given that no commerce exists in the cryptospace there is no such floor. You are describing a decentralized casino, but it’s taboo to say it and hence the word “asset” is being thrown around
- zeroclip 4y agoAave withdrawals of DAI stablecoin has been unaffected by the greed of SBF, and unaffected by the speculative price swings of Eth or Bitcoin. You personally may not consider these assets, but many do.