Generic Blockchains Don’t Work. Building A Layer 1 Specifically For DeFi | Piers Ridyard, CEO Radix
The Wolf Of All Streets
00:00
Is DeFi a Proof of Concept for Cryptocurrency?
In March of 2020, you literally couldn't find someone to buy a treasury. The United States bond, right? There's fed head to buy everything with the rights. And so, but yet we can, we can create a hundred million dollars worth of liquidity for yams. So like, yes, the yams were silly, but like that's a really interesting tool. I've spoken to plenty of financial companies who are looking at DeFi and going, that liquidity is amazing. But you're right, the DeFi has got three years of finding itself. It's going to be interesting"
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