Still Here to Stay
In short…
If you’ve been in crypto long enough, you’ve survived flash crashes, exploits, explosions, implosions, hackers, phishers, worms, bugs, bank runs, and the like.
Crypto is one of the most incredible industries for accelerated evolution and experimentation. But it also means that failures and explosions will happen. And more quickly, too.
By pushing risk to the edges, DeFi aims to solve many of the systemic risks of traditional finance, which is perpetually one bank run away from collapse.
And though there’s no shortage of talking heads dancing on its grave today…
Crypto’s still here to stay.” – Chris C.
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In short…
If you’ve been in crypto long enough, you’ve survived flash crashes, exploits, explosions, implosions, hackers, phishers, worms, bugs, bank runs, and the like.
Crypto is one of the most incredible industries for accelerated evolution and experimentation. But it also means that failures and explosions will happen. And more quickly, too.
By pushing risk to the edges, DeFi aims to solve many of the systemic risks of traditional finance, which is perpetually one bank run away from collapse.
And though there’s no shortage of talking heads dancing on its grave today…
Crypto’s still here to stay.” – Chris C.
[URL deleted]
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