⚡️ Important news from the world of blockchain and cryptocurrency! ⚡️

At the Solana Breakpoint conference, Vibhu Norby, CEO of DRiP, said that blockchain reduces speculation due to its transparency and fast flow of information. 🧐

- Norby used a simple prop - a bag with a purple wig - to illustrate how knowing the contents eliminates speculation.

- He compared it to a blockchain, where all participants have access to the same information.

"Blockchain is a system where everyone knows all the information at all times. Speculation occurs when people do not fully understand the situation," Norby noted.

- In traditional markets, investors often guess the value of assets based on incomplete information.

- On the blockchain, every transaction is visible on the public ledger, limiting the need for speculation.

Norby also emphasized that on the blockchain, loans require full collateral, making them less speculative.

Want to know more? Leave your comments and share your opinions! 💬