The price of money for airlines is 0% and for Cyprus -100%
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What is the fundamental innovation of decentralized finance? For bonus points, answer the question without relying on anarcholibertarian soundbites about how taxation is theft or about censorship resistance. For decentralized finance to represent a meaningful innovation on top of regular centralized finance, it has to do something better. The big promise is that it can work better because it’s a better discovery mechanism for the price of money than regular centralized finance. That it works without the moral hazard of government interventions is a higher order need. If you can improve price discovery without worrying about the ECB forcing
The price of money for airlines is 0% and for Cyprus -100%
The price of money for airlines is 0% and for…
The price of money for airlines is 0% and for Cyprus -100%
What is the fundamental innovation of decentralized finance? For bonus points, answer the question without relying on anarcholibertarian soundbites about how taxation is theft or about censorship resistance. For decentralized finance to represent a meaningful innovation on top of regular centralized finance, it has to do something better. The big promise is that it can work better because it’s a better discovery mechanism for the price of money than regular centralized finance. That it works without the moral hazard of government interventions is a higher order need. If you can improve price discovery without worrying about the ECB forcing