Shark Tank star Mark Cuban recently aired his thoughts on Ethereum’s upcoming “Merge” upgrade. He pointed out how Ethereum’s utility as a smart contract platform and as a deflationary asset are at odds. In an interview with Altcoin Daily on Sunday, Cuban explained that there is an inverse relationship between deflation and utilization of Ethereum. “If utilization goes up, and the value of a token goes up, then the cost to do something goes up,” he explained. “So you have…
Tag: Decentralized Banking
Why Decentralized Banking Will Rule the World
Decentralized Finance (DeFi) is the latest rage for 2020. You may call it the flavor of the year on the crypto market and in financial investment in general, if you will. DeFi projects are skyrocketing in value from zero to hundreds of millions in just a few weeks. New tokens become prized assets soon after the launch. Everyone wants a piece of the pie, and if you’re late for dinner, there might not even be any crumbs left to settle…
2 years ago 593
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