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CommentNovember 17 2022

The human truths jeopardising democratised finance

Placing finance in the hands of the people is a noble cause, but there are three inherent human truths that must first be addressed to enable its success. By Martin Lindstrom.
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The human truths jeopardising democratised financeImage: Getty Images

From the rollercoaster ride that has characterised Robinhood to last week’s surprise collapse of FTX – whose platform was considered a gold standard for crypto trading – a dim picture has been painted of the grand vision of democratised finance.

But what has become increasingly evident is that our reptile brain, despite all the technologies running our everyday lives, is playing a central role in the success of democratised finance – whether we like it or not.

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