Buterin: Criticisms Against DeFi Can't "Kill A Boat With One Shot"
Ethereum core developer eric.eth, who co-authored EIP-1559, tweeted: “So much negativity towards DeFi lately. Many people questioning what benefits it actually offers. Annoyed to see it honestly.
Uzma D.
11:52 21st May, 2022
DeFi
Permissionless access to financial tools for anyone in the world is powerful enough to have extreme meaning and staying power."
So much negativity towards DeFi lately. Many people questioning what benefits it actually offers.
— eric.eth (@econoar) May 21, 2022
Annoyed to see it honestly. Permissionless access to financial tools for anyone in the world is powerful enough to have extreme meaning and staying power.
Buterin resumed: "Oh I agree! To be clear when I criticize defi I'm criticizing either (i) bad defi or (ii) excessive optimization in defi to the point where you're squeezing out tiny percentage gains but forgetting to make the simpler and dumber stuff more resilient and accessible.”
