DeFi Didn't Break with Dan Morehead & Joey Krug
Bankless
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Decentralized Finance: Lessons from 2008
This chapter delves into the role of decentralized finance (DeFi) in mitigating financial crises, using the 2008 meltdown as a cautionary tale. The speakers advocate for a shift from traditional financial systems to DeFi, highlighting its potential for improved risk management and transparency. They also critically analyze recent market failures in the crypto space and emphasize the need for responsible investing in the face of market unpredictability.
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