> Defi is insanely cool, insanely powerful, and it will dramatically change the landscape of society.
As a person who has been around this tech since 2011, can you explain what exactly it is you find so fascinating about this other than the seemingly absurd amounts of money some people have made so far?
This all just seems like a reshased version of the DAO to me and I have ignored it entirely.
We're told this is a global economy, and yet think about things that are still overly complicated and expensive nowadays with financial operations. Things like wiring money to people abroad, buy securities in other countries, and all other operations in the hands of a few large financial institutions. Now we throw much of that bureaucracy away.
As a person who has been around this tech since 2011, can you explain what exactly it is you find so fascinating about this other than the seemingly absurd amounts of money some people have made so far?
This all just seems like a reshased version of the DAO to me and I have ignored it entirely.