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this is a lot of what is being done right now in the defi ecosystem. i know hn likes to shit on crypto, but defi itself is pretty innovative in this regard. the
by latchkey 4y ago
this is a lot of what is being done right now in the defi ecosystem. i know hn likes to shit on crypto, but defi itself is pretty innovative in this regard. the concept of 'programmable money' isn't that far off.
- hakfoo 4y agoThe problem is that the things that might be interesting there are always coupled to a big load of iffy speculation and regulatory evasion. We don't need to give up on stuff like regulations and insurance to demand a half-decent API.
- latchkey 4y agoPeople shout about regulations and then we have another traditional banking meltdown. Obviously it is more than just regulations. DeFi (primarily lending/borrowing markets) itself has performed quite well during these ups and downs and actually has very little to do with speculation or evasion.