Joan Westenberg pfp
Joan Westenberg
@daojoan.eth
DeFi isn't about disrupting traditional finance. It's about replacing it. The institutions will either adapt or be left behind.
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tradfi
@tradfi
Respectfully disagree… DeFi cannot (yet) create uncollateralized credit which fuels growth. While some elements of it will likely change business models of tradfi institutions across the board, trust is required to create new credit… trustless systems only work up to the LTV.
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