Each weekday, stacy-marie ishmael dives into everything from Bitcoin to Bored Apes, NFT’s to DeFi, Staking to Web3. Bloomberg Crypto, from Bloomberg and iHeart Radio, goes deeper than the daily market buzz to explore how this asset class is shifting the way we live
DeFi versus TradFi
DeFi versus TradFi
While there’s a perception that ideas like the blockchain are novel and groundbreaking, the reality is there’s lots of precedents for concepts like DAOs, or Initial Coin Offerings. This is particularly clear right now, as crypto experiences its own version of a “Bear Stearns moment”. Which all begs the question: Is DeFi just reinventing TradFi with more complexity and a sprinkling of blockchain? Or is there genuine novelty here? For more on these questions, Bloomberg Opinion Columnist Matt Levine and Bloomberg Reporter Muyao Shen join this episode.
Jul 22, 2022