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

Decentralized Finance Is About Trading With Your Peers

De centralized finance is about trading with your peers. You send money, for example, you send by the algorithm to your peer. There's no spread, there's no middle person. Everything is wide open. And importantly, it is available 24 seven. So everybody is just a peer. Is not like the banker and the retail client. Te's no labels like that. It's about peers.

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