Hacker News new | past | comments | ask | show | jobs | submit login

FTX isn't DeFi. It is a centralized exchange, similar to a bank or a brokerage. DeFi, ironically, is the complete opposite of this.



I agree with the fact it's a CEX but he isn't wrong about people trusting a financial institution in the Bahamas and expecting the US Gov to do something now.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: