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DeFi Needs a Safety Net to Make Banking Dinosaurs Extinct

thedefiant.substack.com

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.

Aug 18, 2020
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DeFi Needs a Safety Net to Make Banking Dinosaurs Extinct

thedefiant.substack.com

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…

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