The Chopping Block: Code, Chaos & Consequences — What the Balancer Hack and Rollback Debates Mean for Crypto’s Future - Ep. 941
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It does feel like the kind of one two punch of reminding people that nothing in crypto is risk free. Right? We we've kind of gotten a little bit fast and loose the idea of, like, oh, it's like the quote unquote risk free rate in crypto. It's like there's no risk free rate in crypto because there's always risk.
Not a dividend.
It's a
tale of Toupon.
Now your losses are on someone else's balance sheet.
Generally speaking, airdrops are kind of pointless anyways.
Unnamed trading firms who are very involved.
The colic. Eat the the ultimate puzzle.
DeFi protocols are the antidote to this problem.
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