The Democratic Nature of DeFi

There’s a fascinating tension in crypto: there's the prevailing belief in the necessity, indeed the superiority, of decentralization. Then, there’s reality: when things hit the fan, folks respond by seeking a bailout, and hold fraudsters accountable. In an industry prone to spectacular scams and expensive hacks, this tension is ever-present. Bloomberg Reporter Emily Nicolle joins this episode for more on this.See omnystudio.com/listener for privacy information.

Om Podcasten

In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.