/biz/ - Business & Finance

>>50043700
How do you regulate what is decentralized?

>What would be the fate of DeFi?

Regulation won't be death tier (That'll be Congo tier from the US) and this will lead to the biggest bullrun in crypto history, Possibly DeFi alone to 15T (Including ETH) by 2025.

Currently DeFi marketcap is around 300B for measure. Buy Ether, Core L1s (I'm talking BNB,AVAX,SOL etc not your sub $50M marketcap shitcoin) and core DeFi protocols (AAVE, LINK, Curve etc) and sit comfy anon

>>50043700
Aside from the LUNA crash, also the amount of bridges being hacked

>>50043743
I agree with AVAX and LINK. But explain what you mean by Congo tier, anon

>>50043893
I actually did see the Harmony One bridge got hacked. Do you think regulations would decrease this?

Regulation will save DeFi from itself if they start prosecuting the blatant scammers that currently saturate the space with fake APY ponzi schemes and leech the lion's share of interested capital into the pockets of cliques of insiders. If real DeFi - not the status quo - can truly deliver on the promises of decentralization it will not be affected anyway.

>>50043700
If crypto is out to strive, then regulation is a thing of when

>>50043995
Then what will the difference between DeFi and TradFi be

>>50043743
does any value accrue to AAVE holders? (ie do they have any utility beyond governance)

>>50043734
That's debatable I guess, KYC is a subtle must

>>50043700
>Celsius pulled a classic rug pull on their users.

Have my assets there.... Thought the ban is not permanent. Is that a rug pull?

>>50044074
This is mostly because of privacy. We know that DeFi's main component is privacy so the best solution would be KYC'd pools for whoever wants to provide liquidity for institutions Keeping in mind that this is for institutions that want to participate in DeFi.

>>50043743
>Possibly DeFi alone to 15T (Including ETH) by 2025.
Stop this over speculation, gorilla. You told us BTC to 100k by 2021... Where are we now... ? The whole crypto is a jamboree.

>>50044187
Lots of rhetorics would flood in, but KYC doesn't seems negotiable at this point

>>50044187
>>50044074
This. KYC requirements protect the main parts of DeFi, by ensuring there's an option to remain anonymous. Some projects focus on this while inviting major liquidity flows from TradFi institutes.

>>50044220


we would have to deal with the tiger at hand before proceeding further to the jungle

>>50044256
When the space attain the heights above regulation, then tradefi would have some peace to sets in

>>50044074
>>50044187
>>50044223
>>50044256
This seems to be one of the areas we need to see development in for DeFi 2.0
KYC/KYT

>>50043700
It's the beginning of an end for us.. Doomsday..

>>50043967
With regulations, KYC and AML will be compulsory. Then every wallet will be known. Scammers will find no place to hide ...

>>50043967
With regulations, KYC and AML will be compulsory. Then every wallet will be known. Scammers will find no place to hide ...

>>50043700
I'm homeless.... Now regulations... Help

>>50044470
KYC still ensures anonymity though. So it would still have the core tenant of Decentralized finance

>>50043734
What are the other options?

>>50043743
DeFi going to 15T just cause of regulations? Can you just cut the crap.

>>50044056
It's getting closer anon, the fall of LUNA and Celsius by the OP might as well hasten it.

>>50044831
Maybe bridging DeFi and TradFi. TradFi needs DeFi technology and DeFi needs regulation

>>50044061
DeFi with it's custom made regulations would be quite different in my opinion.

>>50044154
Read they are paying lawyer to help declare bankruptcy, it keeps looking that way in my opinion.

>>50043967
Bridges seem to be the target now. I think even the EGLD bridge was temporarily compromised. Hope bridges like ALBT that support 8 chains just through Moonbeam won't face the same fate

>>50045040
Something like that, either way both needs different tools to bring this to light

>>50046047
What do you think needs to happen, anon

>>50045052
You're referring to what would e DeFi 2.0

>>50043734
By using Bitcoin and ignoring everything that isn't Bitcoin.

>>50045359
Are you speaking about the ones with a DEX on EWT's network

>>50046408
Diversification is key anon. A diverse portfolio is a less risky portfolio

>>50046457
This is key, never gonna invest in just a single project like my life belongs to it.. Not me never, lessons learnt already

>>50046364
Yes, this would require development of infrastructure, liquidity, KYC, Industry standards and compliance.

>>50046364
A handful of projects are now building with regulatory provisions in place.
The likes of CEX are already up on their sleeves

I don't give a single fuck, just going to buy more bit and relax. not worried about shit, wagmi.

>>50044831
Using privacy DeFi protocols is one way to avert this.

>>50046690
Yeah, Coinbase already requested KYC for withdrawals in one country a few days ago.

>>50046805
Kek..
Regulation is coming , privacy would need to ease off

>>50045052
The closest that comes to mind is Alliance Block, pretty much inbuilt with regulatory compliance infrastructure, trustless identity verification is one am keeping an eye on

>>50046805
Yes, I think it's one solution though the government is already clamping down on monero, secret network is still not on their radar just yet.

>>50046897
The game is just getting started, more CEX would roll in that lane
For Defi, we await to see how this takes shape indeed

>>50043700
crypto > fiat
crypto + regulation < fiat

>>50047017
it will be a tough one in my opinion, a privacy protocol may be released that is not doxxed, it may stand a chance.

>>50045040
A merger product is truly needed in crypto.... We need a balance between the two markets...

>>50043743
>avax
>no ftm

>>50045275
This is why the centralization still sings in my head than the Decentralization we are craving for.... Celsius, Solend etc claim to be decentralized.

>>50047074
Why keep the hopium high on Alliance block... What about the the one Coinbase, cryptocom, Ftx etc Promised us?

>>50047119
Nothing new is gonna unfold... We ve already seen it all... DeFi have shown it's full capabilities...

>>50047122
>crypto > fiat
>crypto + regulation < fiat
Get roped. Your generation is gonna be a waste ...

>>50047122
>crypto > fiat
>crypto + regulation < fiat
Get roped. Your generation is gonna be a waste ...

>>50047122
>crypto > fiat
>crypto + regulation < fiat
Get roped. Your generation is gonna be a waste ...

>>50043700
I'm trying Lovelace from now since they're going places, their charts looks bad but still, it's something to slurp on
idk, it's my last bet on crypto

>>50043893
The issue of hack has been prevalent in recent times, I have taken measures to connect my wallet to a privacy platform that offers. seamless privacy across multi-chains, with more chain integrations still to come. No bridges, no susceptibility to hack.

>>50049234
It's no different from other coins. Will end up disappointing you as usual.

>>50046408
Thought you were the one that mentioned diversification earlier on... Tired of Biz directives...

>>50046649
Nothing is safer. When BTC is down, everything is down as well. It's a fucked space...