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Re:Solend seized $170M of user funds by peyton on Sunday June 19, 2022 @08:37PM (#31804987)
If you look at the history of finance, all it takes is some better notion of credit. If I can get a better deal using one system over another, that’s what I’ll do. I don’t care how many millions of people are employed offering thousands of niche services by the system I don’t choose.
Re:Solend seized $170M of user funds by 3a2d29 on Sunday June 19, 2022 @09:42PM (#31805390)
Hasn’t the current system of banks and paper currency basically been the financial system of chose since the 1700s? I see additions to financial systems, not total replacements.

Crypto is trying to replace banks and modern finance, correct?