Hacker News new | ask | show | jobs
by techaddict009 2948 days ago
Is there any simple explanation of what exactly it is? I tried to understand it by reading various places on site but too heavy words used like credit liquidity, tokenized debt. When you are targeting normal people can you explain how exactly this works? Is it like I give bitcoin/ethereum and you give me fiat money and when I repay fiat money you give my bitcoin/ethereum back?