Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
MacroVoices #319 Jim Bianco: The Future of Decentralized Finance
Macro Voices
Stable Coins Will Never Work Within the Financial System That We Have Currently
5min Snip
05:00
Summary
Transcript
Episode notes
Stable coins will never work within the traditional financial system. So we're creating a whole new financial system around them, and that's decentralized finance. You create all these protocols that you can go to and trade your stable oins for other coins, borrow against your coins, lend against your coins. And so we're creating an entirely new financial system that is outside of the financial system that we have currently. This has really got regulators around the world very, very worried because, and it's very worried.
Get the Snipd app for free
Share
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated transcript and title
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode