Vitalik Buterin Questions DeFi Lending Built Around USDC
Vitalik Buterin just did what he rarely does this bluntly: he drew a hard boundary around what he considers “real” DeFi. And it’s awkward, because his line cuts straight through…
DeFi Fees, Incentives, and the Search for Sustainable Cost Models
Decentralized finance didn’t start as a gimmick. It wasn’t chasing novelty points or trying to out-engineer Wall Street for fun. It came out of irritation. Real irritation. Frustration with opaque…
Crypto Mortgages and the American Dream: A Policy Opening With Structural Limits
I’ve read a lot of breathless takes about “crypto buying houses.” Most of them miss the point. This isn’t about paying for a home with Bitcoin. It never was. What’s…