2min chapter

Odd Lots cover image

Tom Schmidt Explains What You Need to Know about DeFi

Odd Lots

CHAPTER

Is Bit Coin Collateralizing Cryptocurrencies?

Is bit coin collateralizing a lot of these defy operations or trades or industries through the stable coin channel? And if that's actually happening, does that mean that crypto, because defi seems to be such a dynamic space, is eventually going to have to outgrow bit coin? Or i guess another way of saying it is, like, by definition, you can't have a finite pool of collateral in the form of bit coin. Does that make sense? That does make sense.

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