The difference between DeFi and traditional finance is that traditional finance is actually useful, while DeFi has absolutely no societal value. https://news.yc

The difference between DeFi and traditional finance is that traditional finance is actually useful, while DeFi has absolutely no societal value. https://news.ycombinator.com/item?id=34210334 https://news.ycombinator.com/item?id=34210334 If society deems that level of transparency beneficial, it can be implemented on centralized databases much more cheaply.