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Why DeFi Will Overtake TradFi | Jim Bianco

Empire

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Tradfi Summer

Tradfi people are just buying and hodling coins, that's all they're doing. And when i ask em, are you staking? Are you borrowing against it? Have you thought about putting it in a liquidity pool? Their eyes glaze over. They're not quite there yet. The correlation between traditional markets and crypts is the highest it's ever been. Because what these traditional financial types have got a lot of money, and they're in it. In there is there viewing crypto as the end of the risk curve. You know, you start off with government bonds as the safest thing,. high yield bonds, equities, low rated equities, like arc stocks

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