One of the great things about decentralized finance is that when there are scams, we can self-police rather than being at the mercy of a bank or some other authority to manage for us.
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One of the great things about decentralized finance is that when there are scams, we can self-police rather than being at the mercy of a bank or some other authority to manage for us.
Correct, and any threat is eliminated and the decentralized system is strengthened, while centralized or traditional finance only gives a better position to the fraudsters.