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No, DeFi Is Not a Repeat of the 2008 Disaster

by BlaQue Crypto
April 9, 2022
in Bitcoin
Reading Time: 1 min read
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Contemplate the story of DeFi over the previous two years. First, MakerDAO was the darling of the market, then Compound, then Aave, then Sushi Swap after which hybrid gaming/DeFi providers like Axie Infinity, all based inside months of their sudden surge to success. Evaluate that with the winners that emerged from the rubble of the mortgage disaster: JPMorgan Chase and Financial institution of America. They hint their roots again to 1799 and 1904, respectively.



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