If they do, then a close look to the contract will show you some sort of loophole that benefits the bank greatly at our expense.

The simple fact is that banks are century old, outdated institutions that have been living off of a populous that has yet to discover the power they can have.

But now that DeFi is around with platforms like UniSwap that offer APYs that would destroy the financial structure of any bank and other platforms like Ramp DeFi that offer the recently mentioned zero-interest on lending (this is what inspired me to write this post), people now finally have the power to loosen banks’ grips on their throats.

submitted by /u/Mandrake_m2
[link] [comments]

This post was originally published on this site