if a blockchain could replicate the main function of a bank (offering credit), THEN we're talking

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🤡few understand 🤡

"lending" yes - in fact Salvador will use on-chain lending to raise by Volcano bonds.

"credit out of thin air" = bullshit -> authority to create fake money - license to kill

We will need to see how layer 3 turns out.

Defi will be a very cool once its more developed

Be easier to model with bitcoin then no reserve banking and fractional banking and money printers.