Despite superficially attractive phrases, eliminating the middleman is economically utopian.
The market efficiency generated by intermediaries cannot be substituted in all cases.
Look at the centralized exchanges, they will continue to exist, because they generate great liquidity in the market and ease of trading.
P2P coexists, it is necessary, but it will not be dominant.
Stop dreaming.
Li₿ΞʁLiøη 🏴a³
npub1wp…hzs7p
2023-05-22 11:29:06
Author Public Key
npub1wpzpvzfkn4m754fasp0wnt6ck20ycww4kz9nj4n5rquu9ul7a0xq4hzs7pPublished at
2023-05-22 11:29:06Event JSON
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"kind": 1,
"tags": [],
"content": "Despite superficially attractive phrases, eliminating the middleman is economically utopian. \n\nThe market efficiency generated by intermediaries cannot be substituted in all cases. \n\nLook at the centralized exchanges, they will continue to exist, because they generate great liquidity in the market and ease of trading. \n\nP2P coexists, it is necessary, but it will not be dominant. \n\nStop dreaming.",
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}