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by deadalus 1835 days ago
Will the big banks, institutions and governments make a move against DeFi soon? Seems like it.
3 comments

This is absurd. Big banks, institutions and certain governments are amongst the first adopters of all of this.

They don't even try to hide their love for the so-called Wild Wild Financial West.

Big banks are already building on Ethereum, in case you didn't know
I think its mostly Ripple in Australian banking circles. but yeah... they are definitely seeing the upside to a lot of this technology and are using (abusing) it quietly in the background to their own benefits.
Of course, they don't want to lose their part of the pie.
They're not gonna lose their part of the pie by proposing all crypto services themselves, instead of seeing all that capital flee to exchanges
They are a little late for that. The genie is out of the bottle