So basically Defi is just financing crypto market makers, brokers and indirectly speculators. In the non crypto world entities would be required to have capital at risk themselves to guard against their customers losing money. In the Defi world the lender assumes all those risks (for example the risk that the collateral backing the loan suddenly gaps down in price).
This Leigh guy is such a liar. You’re teaching sophisticated investors the base concept of diversification in your “intro to crypto” spiel? Something doesn’t add up there…
The definition of DeFi = death of traditional finance such as Bank of America JP Morgan etc. All house mortgages will be through defi in 2035. Bitcoin is the Apex property of the human race.
I love ur videos! Can you claim smth about Mental Token? I’m interested in it and want some expert point of view.
So basically Defi is just financing crypto market makers, brokers and indirectly speculators. In the non crypto world entities would be required to have capital at risk themselves to guard against their customers losing money. In the Defi world the lender assumes all those risks (for example the risk that the collateral backing the loan suddenly gaps down in price).
This Leigh guy is such a liar. You’re teaching sophisticated investors the base concept of diversification in your “intro to crypto” spiel? Something doesn’t add up there…
The definition of DeFi = death of traditional finance such as Bank of America JP Morgan etc. All house mortgages will be through defi in 2035. Bitcoin is the Apex property of the human race.