"DeFi applications might have the potential to democratize finance by creating a level playing field among providers of financial products ... "
PayPal said its Blockchain, Crypto and Digital Currencies advisory council would help to support its current and future products.
"Despite having been around for 14 years and the hype it has ratcheted up, it's still the case that it's a very concentrated ecosystem."
Christian Catalini and Antoinette Schoar ... who have done extensive studies of the sector say the "digital gold" argument is overblown.
... we invited our panels of economists to comment on the work of the winners of the Nobel Prize in Economic Sciences.
“This ... most likely is an understatement since we cannot rule out that some of the largest addresses are controlled by the same entity."
"Less concentration in social media is important. But the benefits to society depend on how the ownership of personal data will be regulated."
A key principle in asset pricing theory is that investors are compensated for bearing systematic risk, but not idiosyncratic risk.
