Cryptocurrency and the Transparency Debate

A lot of these big these big kind of over leveraged crashes have been happening with funds that were quite opaque. In actuality it's quite rare to see such things happen in pure defi and so the interesting distinction I think there is also lends itself to this kind of this transparency conversation. You can't really create a clear distinction between web 2 and web 3 because a lot of web 2 is embracing it, you on your newsletter have written very well about NFTs or some of the principles coming from crypto.