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Can Finance Truly Become Trustless With DeFi? [Chills 74 with Raphael Ng]
Description
Would you rather trust a human or an algorithm with your money? DeFi, also known as decentralised finance, aims to eliminate the need for middlemen like banks in our financial transactions through blockchain technology. In recent years, there has been much enthusiasm in the DeFi space with many investors earning astronomical returns (some have also lost a lot) but practically speaking, is DeFi actually feasible in the real world, or is it better off as a theory instead?
Sharing his expert opinion on DeFi is Raphael Ng, a fund manager from conservative currency algo fund Salzworth Asset Management. This episode will make you think about the real implications of DeFi as Raphael talks about its pros and cons and the ultimate question: will DeFi take over traditional finance?
Learn more about our guest Raphael: https://bit.ly/3xw9zxzGet our show notes at https://thefinancialcoconut.com/chills74Still not sure what DeFi is? Check out this TFC Chills episode on DeFi: https://spoti.fi/3xi5gEY
Disclaimer: The content in The Financial Coconut is solely for education and entertainment purposes. It does not serve as any form of advice or recommendations.
For all other links mentioned, or to discover more from the team at The Financial Coconut (including all our other shows), go to https://linktr.ee/thefinancialcoconut
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