The Defiant - DeFi Podcast cover image

Tekin Salimi on Managing $125M Through A DAO

The Defiant - DeFi Podcast

CHAPTER

Is the SEC Really Doing a Good Job of Protecting Consumers?

The smart contracts are like regulators in a sense because you find these bugs, you patch them up and the system kind of fixes itself. Just like with regulations, people circumvent the regulations and then you have to patch it up. But it's much more effective and efficient in my opinion. There was just like so much retail money duped into products that are financial napalm. We have to make the bear for entry higher.

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