|
|
|
|
|
|
by spaceman_2020
1300 days ago
|
|
|
That's the protocol working exactly as it's designed. Everything was transparently visible. Anyone could see where the funds were at any given point, what the liquidation price was, and what the total liabilities were. If you ride a fast motorcycle and fall off because you were speeding, it's not really the fault of the motorcycle, is it? |
|
|
Yes, it is the fault of the motorcycle. You can "fall off" a motorcycle because of the design of a motorcycle, and it's something that doesn't happen with a car. Cars have risks when speeding as well, but they're different, and lesser, because of the protections afford by the car itself.
It's like you're subtly trying to highlight how terrible crypto is, but not realizing it.
Let's expand the decentralized web without building a crypto wall around it.