There are many large players that have now significant committed significant resources to deploying things on the blockchain. The infrastructure for this is already built and people have been working on it for 13 years. It's interesting because, again, using the cookie Starbucks example, if they wanted to do it, make some sort of alliance there, they'd have to build their own private infrastructure for doing it.
Omid Malekan, the former Crypto advisor for Citi Ventures, has a lot of ideas about the direction of decentralized finance and cryptocurrencies. Today, Omid and James piggyback on last week's interview with Google finance lead Antonio Reza to discuss the industry fallout from FTX's fraud and bankruptcy filing.
The pair discuss how we can develop better crypto exchanges, the broad role of NFTs in assigning property rights to intangible assets, and lessons learned from Omid's new book: Re-Architecting Trust: The Curse of History and the Crypto Cure for Money, Markets, and Platforms.
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