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Number Go Up - Zeke Faux Interview

Patrick Boyle On Finance

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Financial Sophistication, Flaws in DeFi, and Profitability Plans

This chapter explores the financial sophistication of new market entrants and the flaws in decentralized finance (DeFi) protocols. It discusses the contradiction between claims of eliminating transaction costs and making money, emphasizes the need for long-term profitability plans, and references high fees incurred from selling a board ape.

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