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A lot of the stuff people are building on DeFi would be illegal if tried in real life. Can't start an exchange (like Uniswap) in meat space without registering with the SEC/CFTC, or build a bank (Maker) without getting a charter, or an MSB (Curve) without getting an MSB license.

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Honestly that's the beauty of it. To me it will end with decentralized governance on a much bigger scale, and the elites won't be able to do anything about it ^^. Blockchain really could bring some more "justice" or at least transparency to our society...

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There is one thing the elites can do about it: participate

3:53 PM · May 31, 2021Twitter Web App

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