3min chapter

The Rational Reminder Podcast cover image

Understanding Crypto 9: Campbell R. Harvey: DeFi and the Future of Finance (Rebroadcast)

The Rational Reminder Podcast

CHAPTER

The Speed of Change Is Remarkable

One point seven billion people in the world are unbanked, and probably more are under banked. The book is about not a renovation of the financial system, but it's but a rebuilt from the bottom up. So you get rid of this thicklay of middle people. You basically make this much more inclusive. And i think one major factor here is the financial frictions. That projects that should be financed are not being financed.

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