100 sats \ 1 reply \ @standardcrypto 17 Sep \ on: Can DeFi be built on BTC, and does it matter? bitcoin
yes and no.
anything can be built out of anything. you could probably build an Audi out of cabbage if you had a big enough fusion reactor. so yes you could.
but what problem does defi solve? (crickets...)
so no, it doesn't matter.
write
preview
121 sats \ 0 replies \ @teemupleb 17 Sep
You could issue security tokens (company equity), trade them 24/7, and settle them on the Bitcoin blockchain.
Why does Nasdaq only trade on weekdays? Doesn’t make any sense.
I see global crowdfunding (e.g. Geyser) also as a good example of “DeFi”.
You don’t need an altcoin to “do DeFi”. Unfortunately altcoiners have stolen the term and narrative.
reply