1/7 The Myth of Trustless DeFi
DeFi was built on a simple promise:
→ Code is law
→ No intermediaries
→ Trustless systems
But the reality is clearer:
No financial system removes trust it only relocates it.
@ConcreteXYZ
#defi #ConcreteXYZ
English
Post
2/7 Where Trust Actually Lives
Even in DeFi, trust still exists in layers:
→ smart contract assumptions
→ oracle data feeds
→ governance votes
→ bridge infrastructure
→ execution environments
Trust is not removed it is redistributed across systems.
English