Re:Web3 is not Decentralisation – it’s a Ploy to put Crypto ...
by ryan_lane on Thursday December 02, 2021 @12:32AM
(#29412872)
Something being a brand isn't a purpose.
Cross-border transactions are an incredibly niche use-case, and my guess would be that it's primarily used for money laundering. AML laws will probably kill this off, since you still need to turn that crypto into fiat to use it.
DeFi's purpose is avoid taxes on crypto gains. Otherwise, it's the worst form of banking possible.
Cross-border transactions are an incredibly niche use-case, and my guess would be that it's primarily used for money laundering. AML laws will probably kill this off, since you still need to turn that crypto into fiat to use it.
DeFi's purpose is avoid taxes on crypto gains. Otherwise, it's the worst form of banking possible.