The Lie of DeFi (Decentralized Finance)

Get my new Bitcoin book: https://www.amazon.com/gp/product/B08RX8Q4ZQ In this video, I discuss the highly centralized nature of DeFi protocols that pretend to be decentralized. DeFi built on Ethereum borrows key principles from Bitcoin, but tries to recreate something that can never be recreated: original digital scarcity. A great example is the DeFi project COVER, which was …

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