Big Al, pseudonymous co-author of the “Only The Strong Survive” article joins me on the show to talk about various critiques of non-Bitcoin ‘Crypto’ projects. In this explosive discussion, we talk about the key things you need to know on Bitcoin as contrasted with ‘Crypto’ and DeFi.
We chat:
What truly sets Bitcoin apart
DeFi not being decentralised, and not finance
Everything fights for liquidity
The problem with utility tokens
Dishonest TVL metrics and massive leverage in ‘defi’
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