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That isn’t really a solution. The confusion is the inability for most people to discern the words decentralized and distributed, which is the primary fraud of c
by throwaway0asd 4y ago
That isn’t really a solution. The confusion is the inability for most people to discern the words decentralized and distributed, which is the primary fraud of crypto. Centralized finance already has distribution in place just for security and continuity of business, so blockchain doesn’t really provide anything new there.
The only enticing quality of blockchain to finance is just elimination of transaction fees on a more open ledger.
https://news.ycombinator.com/item?id=33153535 https://news.ycombinator.com/item?id=33153535