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A comment on Ask HN: How aware are you about building decentralised software on blockchain?. Parent comment

Re:Ask HN: How aware are you about building decentralised so... by sprafa on Wednesday July 07, 2021 @05:27AM (#27759132)
not for anything specific, but you can get a loan of X amount of money for Y amount of collateral, yes.

You can do this using cryptocurrency that's being loaned out to you under the protocols of a decentralised application. No centralised control, everything is automatic, and there are no central servers - you can do all this just by running code as smart contracts on a blockchain.

[ Parent | on HN ]
Re:Ask HN: How aware are you about building decentralised so... by BrissyCoder on Wednesday July 07, 2021 @07:35AM (#27759863)
Man... you have to be taking the p%$s for sure!?

And you mean "I can get a loan of X amount of money for X amount of collateral, yes."

What use is that to me!? Total horsesh*%t.

This whole thing is the biggest financial joke of our generation.

[ Parent | on HN ]