That is the epitome of decentralization. When there is no point of vulnerability due to the absence of a point person (company), operations are suddenly outside the scope of the established system.
That was the idea from the beginning, this is why I consider making crypto a payments currency is much more important than every damn ETF in the world.
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The problem with cryptocurrency as a payment system is the volatility. That is why stablecoins as so important. The idea is to remove the volatility.
That said, having financial products around crypto is vital. The next step we have to take is to allow people to buy the financial products using crypto.
Here is where we take another step forward.
Posted Using LeoFinance Beta