Cryptocurrency Is Not Just a Fashion, but a Mean to an End

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Centralization is not the end itself, but the centralization tends to be a means to an end. So yes, all of crypto currency is the sole gol is regulatory abitrosh because if we could do it, without crypto currency, we would be way better off. At some point in t future, i do think that development will get easy enough that you will have very cool and more subversive things that just get released....

In this episode, Su and Hasu talk about decentralized finance (DeFi). Topics covered: - What DeFi means to Su - Why use DeFi over CeFi? - Is the current demand organic or subsidized by VC money? - Where users will allocate on the trust spectrum - The delicate dance between regulatory arbitrage & attracting talent and capital - The path to decentralization - Most important DeFi use cases today and in the future - How AMMs work and can be improved - The core building blocks of DeFi - Incentive mechanisms - Tokenized balances - Atomic transactions - Will a boom in DeFi translate to ether? Su Zhu is the CEO and CIO of Three Arrows Capital. Hasu is a cryptocurrency researcher and writer. Together, they publish on Deribit Insights and uncommoncore.co.