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Why Crypto Isn’t Just the Great Financial Crisis, Part 2

The Breakdown

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Is Decentralized Finance Reproducing the Two Thousand Eight Financial Crisis?

The great financial crisis was the most defining financial event of their careers. Decentralized finance does not equal shadow banking and too big to fail. The discourse tends to be fooled with scary sounding terms like shadow banks that the participants in that discourse don't necessarily really understand. She argues that decentralized applications, daps, should be licensed and their founders and developers subject to enforcement actions if they are non compliant.

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