Introduction

The third and final episode of freconomics radio's series on the crypto economy. Chris john carlo, also known as cryptodad, is a former chairman of the commodity futures trading commission or c f t c. He has been hearing from john lo throughout this series on block chain technology and crypto currencies. The idea is that a global chain of collaborative computers can help migrate digital information away from centralized platforms to a decentralized internet owned by no one. This utopia is sometimes called decentralized finance, or defy. Even christin smith, a professional block chain advocate admits that the borders of this utopia are still hazy.