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The Importance of Counterparty Risk in the Future of Cryptocurrency
DeFi will continue to persist as a permissionless, potentially non-KYC AML system. We also think that there's going to be a growing part of the system specific to finance that is regulated. And so coupled with changes in how entrepreneurs are building products that create safer products overall, I think fewer people are going to be more sensitive to building resilient systems that don't fail.