4min chapter

Brave New World -- hosted by Vasant Dhar cover image

Ep 42: Antoinette Schoar on Decentralized Finance & Crypto

Brave New World -- hosted by Vasant Dhar

CHAPTER

Is Regulation Making Us Complacent?

"We want to keep terrorists and drug dealers and human traffickers out of our financial system. But in order to do this, we do need to identify or be able to identify these illegal people," he says. "Right now, DeFi is not solving any of these other goals." He adds that if society wants to give up on providing public goods, it shouldn't just be DeFi that benefits from it.

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