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What the parent is saying is that "Real X has never been tried" is a common dodge for people defending the indefensible, because it's unfalsifiable. It also fai
by Analemma_ 4y ago
What the parent is saying is that "Real X has never been tried" is a common dodge for people defending the indefensible, because it's unfalsifiable. It also fails to take into account human preferences that are preventing Real X. FTX wasn't centralized because they were mustache-twirling villains who hade decentralization, they were centralized because that's what the market demanded, because DeFi is impossible to fucking use so nobody does.
- kybernetikos 4y ago> because DeFi is impossible to fucking use so nobody does. It's actually pretty easy, and a fair few people do. Uniswap v3 currently has a 24h trading volume of $317,196,156, and the app is trivial to use. Curve's app is ugly but not hard to use, and has a 24h trading volume of $199,693,574. Maybe you think those numbers aren't all that impressive, and sure, I'd like the decentralised trading venues to be doing more, but it's a far cry from 'nobody'.