4min chapter

Bankless cover image

SBF vs. Erik Voorhees: How Do We Regulate Crypto?

Bankless

CHAPTER

Is There a Trade-Off Between Payments and All Paper?

Eric Liu: I think that there is as important to the world as the ability to pay for things. He says oral lending protocols are awesome and have a lot of utility. But when you look at like, so in terms of like the costs, he says, they're massively high. Liu: If what you're saying was that every single time anyone used it, they had to go initiate a new annoying permission process would be very bad.

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