Understanding Crypto 9: Campbell R. Harvey: DeFi and the Future of Finance (Rebroadcast)
The Rational Reminder Podcast
00:00
The Risks of Decentralized Finance and Cryptocurrencies
Risks of decentralized finance and crypto currencies. What are the risks? How could this go wrong? S it's a huge amount of rest so the last chapter y book goes through various different rist factors and my view on whether they'll be mitigated. We talk about environmental risk. So bit coin uses as much energy as the country of argentina, and much of it from coal. But i'm not too worried about the environmental risk. Many institutional investors have avoided this base because they don't know what to do with their private keys but now we've got custodians like fidelity or co combes pro. I think the sum level of regulation is a good thing in terms of
Transcript
Play full episode
