2min chapter

The Compound and Friends cover image

The One With Matt Levine and Mary Childs

The Compound and Friends

CHAPTER

Code Is Law Does Not Work With Real Human Beings

The collapse of Celsius and Voyager are proof that decentralization is superior because those were the two big centralized platforms. They're the two that went bankrupt. I mean, they're, you know, I'm saying like, coinbase and FTX didn't go bankrupt. Like those two went bankrupt. And they were centralize. There was not, it was not a blockchain that decided to give that hedge fund. The loan. Right. Code is, I'm just saying code is law does not work with real human beings. It just, it doesn't.

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