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by wmf 1558 days ago
not needing to trust a third party is a feature many people care about

I think this is overblown. Most DeFi is illegal so people are using it because of regulatory arbitrage, not because it's trustless.

2 comments

Most people bought bitcoin to buy weed on Silk Road , now it’s the reserve currency for a nation state.

Just because not every use case lives up to the big picture ideology and long term goals doesn’t mean there is no big picture long term goals.

A lot of modern AI exists because of GPUs which exists because people wanted higher quality zombies to shoot in their FPS games.

I use crypto to pay for things even though it's more expensive. I just like having the option to not need to trust anyone.
What are you buying that you don’t trust the seller in some way?
The seller is fine. I don't trust the payment processor to behave.