Swan Signal Live - A Bitcoin Show cover image

Allen Farrington and Anders Larson - E84

Swan Signal Live - A Bitcoin Show

00:00

Is There a Decentralized Financing System?

Yonan: Will the credit system as exists to day in traditional finance be fundamentally different on a hard money system? Yonan: I don't think i soul have a really good answer for yo tat on. The main one is that it's just going to be significantly less attractive, and will happen a lot less. If you don't have deposit insurance, for one, and if your opportunity cost is essentially kind of aggregated return on capital in the economy in the formof deflation,. such that you don't need to chase yield in the first place. And and finally, when those as the background, and the question then just becomes, are you willing to take a hundred %

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