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Is DeFi Really Decentralized?
Patrick Boyle On Finance
Cryptocurrency and the Loss Tokens
This is kind of what happens when the participation metal generation gets to design financial systems. Banker could keep printing these tokens which represent their corps business operations losing money, and these would keep getting more valuable. This turned out to be a great system when crypto in general was going up. But most importantly, this week we learned that when the loser token s down, everything else falls apart,.
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