The Centuries-Old Financial System Better Than DeFi
https://www.bloomberg.com/opinion/articles/2022-06-20/defi-can-t-hold-a-candle-to-the-centuries-old-trust-based-system-called-hawala
Hawala is based on trust, while decentralized crypto lending is doomed by blockchain anonymity.
https://www.bloomberg.com/opinion/articles/2022-06-20/defi-can-t-hold-a-candle-to-the-centuries-old-trust-based-system-called-hawala
Hawala is based on trust, while decentralized crypto lending is doomed by blockchain anonymity.