
The regulatory landscape for crypto post-FTX, with Rebecca Rettig and Peter Van Valkenburgh
UpOnly: Chats with Crypto Experts
I Think the Biggest Fallout Is Not Something That We Can't Recover From.
I think the biggest fallout is reputational for the whole space, but it's not something that we can't recover from. And I feel that sometimes too, because there is a story to be told here where, you know, DeFi by and large did not blow up despite several precipitous drops in the value of the relevant assets That are wrapped up in smart contracts. Most of that is due to the fact that smart contracts tend to be heavily collateralized,. Because lending is difficult in an environment that is low trust by design, is verify not trust.
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