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A comment on The Ethereum merge is done. Parent comment

Re:The Ethereum merge is done by hahaxdxd123 on Friday September 16, 2022 @12:02AM (#32861921)
Come on man, this is a bad faith argument.

Show me a smart contract that can issue an undercollateralized loan. Turns out that takes manpower, time, and energy to underwrite this stuff.

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Re:The Ethereum merge is done by Waterluvian on Friday September 16, 2022 @04:41PM (#32871764)
Banks are also far more competent at being financially efficient. It’s kind of their thing.

This sounds like the typical, “other industry is run by dumb people. They need us tech devs to come civilize them.”

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Re:The Ethereum merge is done by losermode on Friday September 16, 2022 @04:04PM (#32871337)
coming soon https://blog.chain.link/undercollateralized-lending-teller-d...
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Re:The Ethereum merge is done by TGIF on Friday September 16, 2022 @01:33AM (#32862474)
Flash loans happen all day every day for millions of dolllars with zero collateral
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