Today, it is common to believe that Decentralized Finance (DeFi) is just a playground for developers, and it isn’t actually solving any real world problems. However, this is not entirely true. There are some ways that it can already 10x traditional finance today.

Capitalism in the West is in a self-reinforcing feedback loop where money is continually funneled to the top 1%, and is not being fairly distributed to the bottom 80%. This is not to say that capitalism is bad, it just highlights the fact that at the extremes in any system, weaknesses become more pronounced. …

About

Dave Kajpust

Blockchain developer & researcher. Thoughts on blockchains can be found here. I do work at https://thegraph.com/

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