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Is Defy a New Paradime?
Do you think that under collateralized loans or something we are ever going to see at a meaningful scale in the defi economy? Sir, i think it's fundamentally a question of, do you believe defy is a new paradime that will take a significant amount of traditional nancial transactions? My optimist answer is yes. You know, i do think there are interesting, especially cross border, implications of defy. And i think that fundamentally, it is a fairly efficient way to gather capital.