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.

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