SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Blockchain and Cryptocurrencies -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (3804)9/28/2021 8:56:54 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 6674
 
If DeFi works, and becomes inexpensive (I hear the fees are quite high now, but they should decline) then why do we need exchanges at all? DeFi seems likely to over time cause the end of exchanges, which fits in well with the blockchain concept of eliminate the rent seeking intermediary.

You could be right. DeFi was barely a blip on the radar a year ago. Who knows what the landscape will look like in a year or two. The regulators can't keep up with the changes. They never fully addressed the ICO debacle and are only now turning their attention to the crypto exchanges. I think that we will see some action soon on the stablecoins, but that is low hanging fruit. DeFi will make their heads explode.



To: Elroy who wrote (3804)9/29/2021 2:24:11 PM
From: Claude Cormier  Read Replies (1) | Respond to of 6674
 
DEFI and DEX are complementary on the blockchains. But once these are fully developed and inexpensive, who needs centralized exchanges.....