5min chapter

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MacroVoices #319 Jim Bianco: The Future of Decentralized Finance

Macro Voices

CHAPTER

MacDonald's Capitalization Table

Tona: We're inventing, for the first time in 400 years, a whole new system. What do i do with those tokens that become worth something? I can trade them in the decentralized financial world on a decentralized exchange. In exchange for other tokens that have other value or use, i can borrow against them by pledging them as collateral. And so it's really turning the whole concept of the capitalization table and what is finance, upside down. The medaverses this big virtual reality game thing that mark uckerberg wants to extend social media so that people are living in this virtual reality medavers place  and pretending to operate virtual things. Why don't we get to

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