How It Started: This is why #cryptocurrency with its #decentralized #defi will succeed over fiat because we won't have a repeat of 2008 where the bank spent all your money and then got bailed out!

How's It Going: decrypt.co/365724/aave-led-def…

#mastodon #fediverse

Aave-Led 'DeFi United' Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses

The Aave-led relief effort has gained widespread support, securing enough commitments to replenish the swiped funds.

^{André Beganski (Decrypt)}

This is a very Accelerando-like issue we're up against. I remember when the music copyright mafia busted in and attacked Manfred and how he had a near constant influx of patents and lawsuits coming and going, so much so he required external brain augmentations to process/handle everuthing, and most lawsuits were not even from humans. It's sounding more and more familiar every day. Manfrer was really on to something refusing to deal in money. The future really is a foreign country... 🤷

#accelerando #sciencefiction #solarpunk #futurism #ArtificialIntelligence #technology #copyright #censorship #decentralized #bookstodon