What Goes Up cover image

Life in Crypto After FTX

What Goes Up

CHAPTER

Is DeFi a Good Option for Cryptocurrency?

High yield deposit accounts where you give the Winkle Voss twins your coins and you collect out on a 7% and they loan it out to someone else. I would actually argue that the yields weren't high enough to reflect the underlying risks. People thought it was a free lunch. They thought it was riskless. It turned out they were wrong. And so I think that retail focus lending is just going to go away.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner