Issue #23: The Bull Case for Decentralized Finance (DeFi)

This issue of Monetary Mechanics is going to be a bit different. While I am most assuredly not an expert on cryptocurrency or decentralized finance (DeFi) by any means, I have become cautiously optimistic about DeFi’s potential to disrupt the plumbing and architecture of the traditional financial system.

This issue of Monetary Mechanics is going to be a bit different. I have always been intensely interested in cryptocurrency and decentralized finance (DeFi), and after doing extensive research on these topics, with helpful feedback from experts in these fields, I have become cautiously optimistic about DeFi’s potential to disrupt the plumbing and architecture of the traditional financial system. While I hold no personal opinion regarding the return potential of any individual speculative cryptocurrency asset, I am highly interested in the “financial technology” behind DeFi and how it might be…

related reading

• What I'm frustrated by in cryptoamirbolous.com
• November 2023 Newsletter: The Monetary Gates Are Openlynalden.com
• A whirlwind tour of Ethereum finance — LessWronglesswrong.com
• TradFi Tomorrow: DeFi and the Rise of Extensible Financeparadigm.xyz
• A useful framework for understanding stablecoins: Banking history - a16z cryptoa16zcrypto.com
• Five perspectives on stablecoinsmedium.com
• Guide To Decentralized Finance – Finematicsfinematics.com
• The Hidden Costs of Modular Systems - Multicoin Capitalmulticoin.capital
• A Crypto Futureacryptofuture.xyz
• The Productive Cryptoeconomy: A Thesis for Adoption - Syncracy Capitalsyncracy.io
• Regulate DeFi and get stakeholders' input | American Bankeramericanbanker.com
• American Leadership in the Digital Finance Revolutionsec.gov