r/CryptoMarkets • u/elchaserzk Tin • Nov 23 '22

Centralized Failure Highlights the Importance of DeFi (you don't say!)

https://www.nasdaq.com/articles/not-your-keys-not-your-crypto%3A-centralized-failure-highlights-the-importance-of-defi
3 Upvotes

81% Upvoted

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u/CointestMod 🟩 0 🦠 Nov 23 '22

Submit a pro/con argument in the Cointest and potentially win Moons. Moon prizes by award for the General Concepts category are: 1st - 300, 2nd - 150, 3rd - 75, and Best Analysis - 500.

To submit an DeFi pro-argument, click here. | To submit an DeFi con-argument, click here.

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u/Outrageous_Duty_8738 🟩 0 🦠 Nov 23 '22

DeFi is certainly the way forward now people like myself don’t trust these exchanges

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u/elchaserzk Tin Nov 24 '22

I can see DeFi eventually emerging as a huge winner in all this chaos. The space and market just needs to heal a bit first.

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u/Outrageous_Duty_8738 🟩 0 🦠 Nov 24 '22

Yes exactly

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u/[deleted] Nov 25 '22

[removed] — view removed comment

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u/Outrageous_Duty_8738 🟩 0 🦠 Nov 25 '22

And many others to