DeFi

My thesis for the past 5 years has been that Defi will be the financial infrastructure of the future and it's exciting to see Vlad agrees wholeheartedly.

Defi is order of magnitudes more efficient to build (tens of engineers vs hundreds) and more efficient to operate (smart contracts vs operations teams).

For the past 5-7 years, it has been "early tech" but it is following the classic Clay Christensen Disruption Theory arc. It entered at the bottom, fringe part of the market and will slowly gain traction and move upmarket.

We're already seeing Robinhood, BlackRock, Coinbase and others taking advantage of the technology. Will other incumbents do the same?

My thesis for the past 5 years has been that Defi will be the financial infrastructure of the future and it's exciting to see Vlad agrees wholeheartedly.

Defi is order of magnitudes more efficient to build (tens of engineers vs hundreds) and more efficient to operate (smart contracts vs operations teams).

For the past 5-7 years, it has been "early tech" but it is following the classic Clay Christensen Disruption Theory arc. It entered at the bottom, fringe part of the market and will slowly gain traction and move upmarket.

We're already seeing Robinhood, BlackRock, Coinbase and others taking advantage of the technology. Will other incumbents do the same?

https://x.com/tokenterminal/status/1822647062195732649

Codifying financial services into decentralized frameworks makes so much sense

I’ve tried to take out loans and there were so many phone calls and bureaucracy involved. The whole process is so archaic compared to DeFi’s simple UI/UX just clicking buttons

Ecosystem at Nibiru | Investing at BEN Ventures | MIT ‘17 | Uniswap Delegate | Crypto since 2014 ⚡️

100%. First time I used makerdao, I was working at the largest fintech lender at time. Couldn’t believe the friction reduction.