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Generic Blockchains Don’t Work. Building A Layer 1 Specifically For DeFi | Piers Ridyard, CEO Radix

The Wolf Of All Streets

00:00

Is Your Mortgage a Line of Credit?

The way in which our financial world isn't connected up for us as individuals is kind of crazy. Like, why can I have a mortgage at 2% but my credit card's at 20%. If you get loan that 2% mortgage out and at a 10% rate instead of putting on your credit card for 20%, that would be a monster. Or borrow against your stocks and shares portfolio. Suddenly your financial world becomes more connected to each other.

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