Never was. I had an argument with a defi guy once on twitter after he told me he could get "risk free" yield in defi with stablecoins. I said it's not risk free- your have security risk (potential hack), regulatory risk, and centralized collateral risk (stablecoin issuer going belly up or stablecoin depegging)
He didn't believe me.
reply
I guess he will believe it now. This is the point where I would say: I told ya!
reply
I am not a big I told you so person. I will rip you a new asshole telling you how dumb you are and how your are going to get rekt but when it happens I don't say anything. They either learned their lesson or didn't.
reply