LogFAQs > #952199179

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicCryptocurrency is amazing. Can't wait for the day that it's mainstream
Sad_Face
03/28/21 4:59:36 AM
#46:


1337toothbrush posted...
There are problems with the banking system, but that doesn't mean there are no problems with cryptocurrencies. If you send crypto to the wrong address then have fun trying to revert that transaction.

Banks are absolutely not "quaking in their boots". The delusion is real. Then again, you're the biggest cryptoshill on this message board.


Accessibility is an issue, sure. But the potential is there. This is the equivalent to the early times of the internet but we're progressing far more rapidly.

DeFi can net you an easy 10% in interest compared to banks' super saver accounts of 0.1% interest. I've used pools that divvy out over 90% in interest. The more you learn about DeFi, the more you use DeFi and understand it, the more it makes you question the future of regular banks. The only thing they have right now is accessibility but even that is going to continue diminishing as now there are applications to convert your public address into something more readable and there are projects out there aiming to resolve the issue of misclicks and accidentally sending assets of what you did not intend to send.
---
... Copied to Clipboard!
Topic List
Page List: 1