DeFi front-ends will be shut down — Akash shifts liability to users
"The Akashian Challenge Livestream: Phase 3 Week 1" (Akash Network)
“Very very soon we’re going to see a lot of these DeFi exchanges getting shut down because they’re facilitating money transactions without proper banking licenses. What Akash gives them is a way out… they can have users use Akash to launch their own dexes by themselves… they ship the liability to the user… Akash is primed as the only cloud for DeFi that can do this — no other cloud can do this in the world.” — 00:35:05
Context: A 2020 regulatory prediction (predating the 2021-2023 DeFi front-end enforcement wave) used to position censorship-resistant hosting as Akash’s moat.