Friday 17 December 2021

DeFi: Most Dangerous Part of Crypto or Winning Strategy

DeFi: The Most Dangerous Part of Crypto or Winning Strategy? | Ben Samaroo. Video by Stansberry Research.

Bitcoin's main advantage is that you have a limited supply and it's not subject to continuous dilution, which you would have with sovereign currencies, says Ben Samaroo, Co-Founder and CEO at WonderFi. The current inflationary environment is why people see Bitcoin as a powerful stored value, he tells Daniela Cambone. Samaroo believes there will be, "some sort of a hybrid system," between traditional fiat currencies and digital currencies. When discussing decentralized finance opportunities through Ethereum's network, he explains how DeFi is bringing equal access to finance and a leveled playing field.

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