Replacing a CEO with code doesn't eliminate trust; it just shifts it to developers whose work most users are unqualified to audit. It’s a sophisticated way of rebranding human dependency as technical certainty.
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Would you trust auditable code or a CEO you've never met?Added:
That's the core problem that DFI was trying to solve. You mentioned exchanges. Exchanges actually are centralized platforms where it's operated by a team behind the scenes, right? So, there's a certain level of trust involved as well. Yes. But with DFI, the original vision is that everything is automated by code, smart contract code, which I was talking about earlier. So, you're not trusting whatever the person or the company is telling you. You're trusting the code, the blockchain, right? You're trusting the the code which is available, public to everyone and you anyone can audit the code to see if it actually is doing what it promises to do.
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