
Banking without Banks: Decentralized Finance is Coming
Azeem Azhar's Exponential View
I Think the Value in Defi Is Going to Grow
There's less asset in the traditional world, like the bank of england's monetary policy committee. I think all these systems will will be backed by various assets, including global currencies. And i think those global currencies will still be heavily impacted by whatever elected representatives they want to do with them. The forcing function of that will be the global markets demand for transparency, or demand for control, or demand for higher yield.
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