Content
@
https://ethereum.org
0 reply
0 recast
0 reaction
.
@chaskin.eth
This analogy nails it. DeFi gives anyone w/ internet access the ability to save, borrow, & earn That might not seem like a big deal if you live w/ strong institutions, but not everyone does. And even if you trust yours today, that can change Ethereum keeps the system honest https://x.com/nic__carter/status/1930626952466927654
2 replies
1 recast
6 reactions
Ferran đ
@ferran
I donât think itâs a right analogy, starlink is terribly centralized, not universal nor neutral. With Ukraine we even saw how its right to access depends even on only one person.
1 reply
0 recast
0 reaction
.
@chaskin.eth
The analogy isnât about how Starlink is governed, itâs about what it does. Both Starlink and ethereum offer alternative infrastructure if the old system doesnât work or is non existent
1 reply
0 recast
0 reaction
Ferran đ
@ferran
I get that. But still, starlink is a centralized worse solution than the old infra (optic fiber, for example) and should not just replace it in the places where the âold infraâ doesnât arrive. It should just be complementary. On the other hand, stablecoins can be built on top of better infra, like Ethereum, with better attributes. So imo, itâs an interesting analogy for a specific attribute (offering an alternative), but not a good analogy.
1 reply
0 recast
0 reaction
.
@chaskin.eth
Iâm not saying Starlink is better than fiber, just that itâs a useful analogy for understanding how entirely new infra can reach people legacy systems donât
0 reply
0 recast
1 reaction
