Tag: faustianbargain

DeFi's Faustian Bargain? Mastercard Exec & The Cost of Legitimacy

DeFi's Faustian Bargain? Mastercard Exec & The Cost of Legitimacy

The lacquer of respectability can be a strong song of the siren. DeFi, after years of living on the margins, is now more attracted to its siren call than ever. Former Mastercard executive Vince Dowdle installed as CEO in early 2020 CoinDesk Vince Dowdle frax finance This new decentralized stablecoin...