How can we trust centralized institutions with our money when inefficiency and mismanagement lead to wasted resources? If trillions disappear into bureaucratic systems, shouldn't we question whether decentralized alternatives make more sense for managing our wealth?
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shadowy_supercoder
· 10h ago
Honestly, centralized institutions are really terrible, but the risks on the DeFi side are not small either... How many people have you seen go to zero directly because of a smart contract bug?
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ApeWithAPlan
· 01-17 21:07
NGL centralized institutions have long been played out, but decentralization isn't a silver bullet either... The truly trustworthy ones still have to rely on self-custody, don't expect anyone else.
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consensus_failure
· 01-17 21:03
NGL, centralized institutions should have been phased out long ago, but is decentralization really effective? The issue isn't about being centralized or decentralized; it's about who is in control...
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DegenDreamer
· 01-17 20:58
NGL, the centralized institutions are indeed a mess, but can decentralization really solve it? It seems to me that a bunch of DeFi projects are跑路 more frequently than banks are failing.
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BearMarketBarber
· 01-17 20:56
Nah, but the truth is... centralized systems should have died long ago. Banks taking our hard-earned money and then feeling wronged?
How can we trust centralized institutions with our money when inefficiency and mismanagement lead to wasted resources? If trillions disappear into bureaucratic systems, shouldn't we question whether decentralized alternatives make more sense for managing our wealth?