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SBF
@SBF_FTX
1) This is the third in a series of posts about The State of DeFi. Previously: How is DeFi? twitter.com/SBF_Alameda/st Trust and Centralization: twitter.com/SBF_Alameda/st Today: Tonight We are Young
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SBF
@SBF_FTX
1) My second post on The State of Defi: Trust, Centralization, and Usability. (For the first post, see here: twitter.com/SBF_Alameda/st)
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SBF
@SBF_FTX
2) As before: a) Some others know DeFi better than I b) I don't know the future, I'm just guessing c) Not investment advice d) In the end value is in the eye of the beholder. It doesn't matter what I think, it matters what you all think.
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SBF
@SBF_FTX
3) There are some things we can't really control, and there are some parts of us that just are, no matter what we do. This thread is not about those. This is about what we choose to make of what we have.
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SBF
@SBF_FTX
4) This story ends in DeFi, but it starts at a centralized exchange in 2016. One of the strongest and most influential forces in crypto is disloyal employees. This might be obvious to some, but it was shocking to me at first. It no longer is.
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SBF
@SBF_FTX
5) I've had the undeserved privileged of never hating my boss. I lucked out with my parents, and after graduating my first boss was one of the people I admire most in the world. And the last few years--well, I guess I've had my moments of disappointment in our CEO :P
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SBF
@SBF_FTX
6) But a lot of people I know _do_ hate their boss, and feel as much loyalty to those who have helped them without any incentives as they do with the company that mostly just gets in their way. Most places in crypto are like this. Most, but not Bitfinex.
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