A Federal Reserve governor questioned whether or not decentralized finance (defi) can really remove the necessity for intermediaries, regardless of bitcoin’s revolutionary promise. Whereas decentralized techniques purpose to bypass conventional constructions, he argues that belief in intermediaries nonetheless resurfaces. Might crypto ever be absolutely decentralized, or will it mirror conventional finance? The potential regulatory challenges and the position […]
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Is Complete Decentralization of Finance Realistic? Fed Governor Waller Says No – Defi Bitcoin News
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