Transcript: Tom Schmidt Explains What You Need to Know About DeFi

What is DeFi? There's all kinds of jargon associated with it and the markets don't quite operate like traditional markets . So how does it all really work? Where's it going? And what will it all be used for beyond speculation? On this episode, we speak with Tom Schmidt of Dragonfly Capital to break it all down. You can find the episode here. Transcripts have been lightly edited for clarity.