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by ptudan 1311 days ago
DeFi and FTX (and all the CEXs/Centralized lending platforms who credited FTX) are basically on opposite ends of the spectrum.

Most who are getting fucked by this fiasco are retail who have never touched DeFi.

3 comments

FTX was in bed with regulators and SBF was calling for more regulatory capture. The "reasonable regulation" trope is fit for parody.
Yes, DeFi has a high barrier to get into. But, once you are in the rabbit hole, there is no going back...
Ridiculous you are getting downvoted for stating something that is clearly true.