Podcast Beta
Questions and Answers
What is DeFi and why has it been suggested as a solution to the collapses of FTX/Alameda, Luna, Celsius, Voyager, and Three Arrows Capital?
DeFi is short for Decentralized Finance, a form of cryptocurrency that operates on a peer-to-peer network without the need for a middleman. It has been suggested as a solution to the collapses of FTX/Alameda, Luna, Celsius, Voyager, and Three Arrows Capital because it is more resilient to market fluctuations and can provide more transparency and security for users.
What is Web3, and how does it relate to the cryptocurrency industry?
Web3 is a term used to describe the development of decentralized applications and protocols that use blockchain technology. It relates to the cryptocurrency industry because it is used to create and manage tokens, track transactions, and develop applications and infrastructure to support the growth of the cryptocurrency market.
What are tokenized securities, and why can they create coins that serve no purpose other than to enrich the founders?
Tokenized securities are digital assets that are created and managed on a blockchain and represent a real-world asset such as stocks, bonds, or real estate. They can create coins that serve no purpose other than to enrich the founders because they can be used to create a new digital asset class and to raise capital without having to go through the traditional financial system.
