Hacker News new | ask | show | jobs
by whatisweb3 1435 days ago
Some people want USDC, some people want non fungible assets, some people want ETH, some people want an ERC20 that backs an idea or organization. DeFi let’s these users manage these assets without placing them in the hands of a single actor.

Saying nobody wants ETH or USDC is like saying nobody wants AMZN or AAPL shares. What you really mean is that you are not interested in those assets.

1 comments

Those are not "assets" in any meaningful sense. You're just making things up.
ETH or USDC are as much “assets” as stocks, gold, bonds, property, domain names. Humans and social consensus made all of this up.