, the crypto exchange run by Sam Bankman-Fried, is horrifying, but it’s a tale as old as time. Opaque processes and intermediation concealed extreme leverage, poor risk management and alleged fraud.’s collapse, crypto could be useful for anything other than scams and speculation. The decentralised finance movement, or “DeFi”, which is built on the technology underlying cryptocurrencies, is nascent. But it offers transparent protocols that also enshrine inviolable user protections.
DeFi’s “self-custody” model provides novel levels of control and risk management for users. When an individual or institution “custodies” their digital assets through a cryptographic wallet, they can choose their own security model, trusting themselves with their private keys or sharing keys with a security provider such as Coinbase or Fireblocks.
Just watched the QuadrigaCX documentary. One crypto expert was wearing a big paper-mache dog head over his real head to protect his identity. Another admitted to not really liking people in general. These are the people hawking de-fi.
So you're gonna help another scammer run their pump and dump huh?
The difference is that other industries have an apparent point, whilst crypto does not.
haydenzadams Here we go again. Lets stop putting these people on a pedestal.
haydenzadams 'decentralised finance has potential' The Nation State is responsible for a medium of exchange, a currency. Not anyone else! The Neo-Liberal Swindle has failed ignominiously, yet the acolytes of this utterly failed experiment Oxbridgers import haydenzadams...
haydenzadams True! Centralised exchanges and companies make no sense in a decentralised industry!
haydenzadams
haydenzadams How about the potential of just returning to Money?
haydenzadams best leverage trading dex out there? CAP V4
haydenzadams 🤷♂️
haydenzadams Of course, DeFi wasn't related to the collapse of FTX. Centralisation was the problem and it showed why crypto needs more decentralization and transparency (which is what DeFi provides)
haydenzadams Potential for what? Meantime, I have a variety of real numbers for sale. Each totally unique, very robust protocol, absolutely non-fungible. Just $1000 each. Primes, which are considerably scarcer, for just $10000. Perfect long term value store. Rapid transaction time.
haydenzadams is a real one
Go haydenzadams 💜
Uniswap labs very decentralised, especially the uniswap front end 😂
Still a virgin
hayden is a chad mfer
It was a sucker's bet and those who took it lost.
haydenzadams This that pink venom. cc bit_hedge
Stockholm syndrome
He would. Before his wretched Ponzi collapses. Ignore.
A dog fighting proprietor makes his case for dog fighting.
Is that Mike McDaniel?