DeFi Needs a Safety Net to Make Banking Dinosaurs Extinct

For many people, banks and not smart contracts still feel like the safest place to put their money.

Hello Defiers! Today’s guest post starts with a great question: Why do we still use banks? If you’re reading this newsletter, it’s likely you agree with me and the author that the current financial system is a relic and you know there’s a better alternative being built. So why aren’t savers taking their money from bank vaults and putting it in smart con…