CeFi, TradFi, and DeFi: is crypto a savior or a catalyst of the financial crisis?
dcenter.substack.com
These last few weeks we were all forced into economic and financial reflection, courtesy of the three failed US banks, problems at Credit Suisse, regulators’ reaction, and the Fed’s heating money printing press. Crypto enthusiasts used this to point a finger at the current financial system and claim that a blockchain can be used to solve its shortcomings.
CeFi, TradFi, and DeFi: is crypto a savior or a catalyst of the financial crisis?
CeFi, TradFi, and DeFi: is crypto a savior or…
CeFi, TradFi, and DeFi: is crypto a savior or a catalyst of the financial crisis?
These last few weeks we were all forced into economic and financial reflection, courtesy of the three failed US banks, problems at Credit Suisse, regulators’ reaction, and the Fed’s heating money printing press. Crypto enthusiasts used this to point a finger at the current financial system and claim that a blockchain can be used to solve its shortcomings.