Hello Defiers! Hope you’re having a great weekend. Summing up: Of course the main news this week was that a community of online traders was able to band together and bring down hedge funds —and just as they were winning, centralized entities were able to stop the game. We covered how, while Wall Street Bets wants to beat Wall Street at its own game, DeFi wants to build an entirely new financial system, where nobody has an off switch. What happened this week shows that it’s only a matter of time the internet of money will rule finance: it’s simply better.
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