[k__]

How come?

There are many people in crypto who aren't fond of companies like Coinbase or OpenSea.

The helped to make things a bit more mainstream, but they aren't paragons of decentralization.

[highwaylights]

Yeah, but de-fi had already been done successfully in the early 2000's well before Bitcoin and still didn't pan out in the end.

[k__]

Done successfully and didn't pan out?!

[highwaylights]

Exactly!

The infrastructure worked. The concept did exactly what it was supposed to. 100% successful.

.. and yet lending to unreliable borrowers that no-one else wanted was still a stupid idea.

[redox99]

What are you referring to?

[highwaylights]

P2P lending.

Or “De-Fi” as the children call it.