I remember posting about how celebrities, businessmen on hollywood shows are bad for crypto.
Take example of Kevin o'leary who think DeFi needs to be regulated, handled by VC teams.
Check this video on DeFi from Shark tank celebrities.
How does DeFi is DeFi if it has VC funding, teams in a company?
Isn't that going to be CeFi?
Yes, the big corporations are subverting many concepts such as DeFi and the Metaverse so they can retain control.
We need true decentralization and that's not going to happen if we keep relying on VCs. We must become our own VCs
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All true.
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CUB Finance IDO Launchpad is a great solution for builders to crowdfund their development.
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I don't know if they really support Defi or not. At least I generally only seeing those companies going after centralized organizations since they can always sue to get back funds.
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@tranzini really hit it on the head. They are trying to hijack the entire concept. That is why we need to keep pushing things on Hive further out.
Spreading out the reward pool while having stronger hands if vital.
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Yea I don't really like the way they move it but the wealthy themselves are always trying to protect their own assets so we know that they will attempt whatever they can.
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Yea Kevin O'Leary is one of the better financial guys since he is willing to change his mind given facts. He went into Tesla when he was given a second opinion and later revised BTC later.
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If people want to make their own DeFi platforms and centralize them as they suggest, let them. But then they should stop calling their platforms "DeFi" and called them what they really are. Also, they can all move to one side of the neighborhood and leave True DeFi alone for those people who truly want decentralized finance.
They saw they want to make DeFi better by regulating it in the ways everything else is regulated. What they really mean is they want to drive DeFi out of business so that they control what is left.
I don't care if they want to control their own platforms and call them "DeFi" platforms, but I want them to leave the Real DeFi platforms alone.
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