CeFi Is Dead, Long Live DeFi | Vance Spencer & Michael Anderson
Bell Curve
00:00
The Advantages of Dfi for Dfi
Tradfi people get dfi so much more intuitively and so much faster than they do bitcoin that's completely anecdotal but you know i think they because they understand what financial services are. The fed controls interest rates at the shallow end of the curve which is where banks borrow versus the long end of the curves which is less determined by what central banks are doing. It takes years to go build a new product in tradfi it takes sometimes weeks or months for tech teams to defy traditional banking systems. In crypto, if your hurdle rate for new investments is five percent as opposed to one percent then all of the new investments that get funded will return at least six percent. That's why we have
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