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ReFi is a beautiful idea – a re-imagining of the financial system using the tools humanity now has at its disposal to better account for the needs of all stakeholders, current and future. It puts a price on externalities, charging those who create negative externalities and rewarding those who create positive externalities.
Packy McCormick • Celo: Building a Regenerative Economy
Home of Trustless, Programmatic Credit
debtdao.org
Today, I had the opportunity to present #DeFi and @compoundfinance to the @federalreserve staff.
Eventually the banking system will run on shared, open ledgers.
Each day, we get closer. https://t.co/1UuXWQPEV0
