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RE: RE: Daily Crypto Markets Live Blog: BIS Releases Its Critique Of Cryptocurrency (06/21/22)
25
@magnacarta
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0 views
1 min read
... DeFi could be a real threat to financial stability.
-- as if central banking itself isn't a threat to financial stability? ECB and BOJ are (or had been?) leading central banks when it comes to negative interest rates. The Fed is in a category by itself.
The world's leading central banks can bring about financial instability on their own; they don't need DeFi to help them out there, but they will use DeFi as a scapegoat for their own misdeeds.
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