Down the Rabbit Hole: A Decentralized Finance Primer

Episode #21

Decentralized Finance (DeFi) is an emerging financial technology that is based on peer-to-peer transactions through blockchain technology. Via blockchain, DeFi increases access to financial services, circumventing traditional financial institutions like banks.

But DeFi is constantly evolving. And because it is unregulated, it is riddled with infrastructural mishaps and controversies.

In part three of this four-part series on cryptocurrency, Dylan talks about DeFi and how it works, its promises, and what it could mean for the future of finance.

Show Highlights

  • [02:45] A real-world example of a “pseudocryptocurrency”
  • [05:01] DeFi and its promise
  • [08:30] How Bitcoin fueled the Canadian truckers’ protest
  • [11:18] Why DeFi isn’t unstoppable and untrackable
  • [12:53] How the Canadian truckers’ protest proved the FBI can seize cryptocurrencies
  • [13:51] Why DeFi isn’t anonymous
  • [15:38] Why DeFi can’t and shouldn’t be judged by its current abilities
  • [17:56] On whether cryptocurrency will be a core part of a future financial system

Links & Resources



The Intuitive Finance learning tools including documents and worksheets to help you forge your own path and master your fiscal life. You can get more info about the Toolkit here.
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