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Learning & News => News related to Crypto => Topic started by: newshunter on October 16, 2020, 07:00:35 AM

Title: Finance Redefined: Can DeFi and on-chain governance change human nature? Oct. 7-14
Post by: newshunter on October 16, 2020, 07:00:35 AM

Finance Redefined: Can DeFi and on-chain governance change human nature? Oct. 7-14

Decentralized community governance isn’t always so decentralized.

Source: Finance Redefined: Can DeFi and on-chain governance change human nature? Oct. 7-14 (https://cointelegraph.com/news/finance-redefined-can-defi-and-on-chain-governance-change-human-nature-oct-7-14)

Would appreciate your opinion about this

Title: Re: Finance Redefined: Can DeFi and on-chain governance change human nature? Oct. 7-14
Post by: bigcash2011 on October 16, 2020, 11:40:22 AM

I am not sure how it can change human nature but it will definitely provide a good alternative to traditional banking and finance and i expect next wave of projects in the crypto wealth and asset management which will really be a new sector under defi umbrella and a threat to traditional mutual funds because returns will be much higher in crypto assets.

Title: Re: Finance Redefined: Can DeFi and on-chain governance change human nature? Oct. 7-14
Post by: Noverteno on October 16, 2020, 07:54:07 PM

After reading the proposed article, I cannot understand why DeFi projects can change human nature. How can some improvement in living conditions change human nature? No, this is all too exaggerated.
DeFi projects are a new direction in the development of cryptocurrency, but they will not even make a revolution in the financial sphere. Finance generally doesn't like rapid change.