(Bonus) What Is DeFi? With CoinDesk's Brady Dale

(Bonus) What Is DeFi? With CoinDesk's Brady Dale

I don’t think I’ve made any bones about the fact that I blow hot and cold on crypto. Sometimes I grow frustrated that it always seems to be a lot of sound and fury, ultimately signifying nothing. Or at least, not amounting to much that touches normal people’s lives. I dunno if that’s a fair way to look at crypto or not. But at the same time, there is no single corner of tech that has more activity, that has more passion and energy and, just pure, crazy creativity. Lots of people in crypto have adopted my book about the first half of the Internet Era because they hope it’s a guide for how, just when everyone has written off a movement, that’s when it finally breaks through. And I’ll admit, that’s why I keep my eye on a space. That’s why the activity around DeFi has caught my eye. By some measurements, this is crypto actually being USED, in a tangible real world way, and in volumes of activity we’ve never seen before. Is DeFi actually fulfilling the original economic promise of crypto? What, the heck, is DeFi? What is it doing? It’s hard for a knucklehead like me to get my mind around. So, I sent out the bat signal to Brady Dale of CoinDesk to tell me, what the heck is going on with DeFi? Brady's rough history of the DeFi movement Brady's explanation of Yield Farming Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(2288)

The Week Of Apple Updates (Corrected)

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2 Mar 20min

The Friday Of All The Headlines

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I’ve got everything for you today. OpenAI closed its round. Anthropic draws a line with the Pentagon and Sam Altman supports it. A huge AI inspired layoff round, maybe. Netflix walks away from the dea...

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An AI Has A Substack

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Nano Banana 2 is here already. Nvidia tries to assure everybody there IS no bubble. Marc Benioff tries to assure everybody there IS not SaaS-pocalypse. Did Google just do exactly what Apple has been u...

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Galaxy Unpacked

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The new Galaxy S26 lineup is here. Remote control for Claude is here. But is Anthropic about to wash its hands when it comes to working with the Pentagon? Could Stripe buy PayPal. Oh, and speaking of ...

25 Feb 22min

The AI Essays Are Moving Markets

The AI Essays Are Moving Markets

That AI essay I shared with you yesterday sure got Wall Street’s attention. Anthropic says Chinese models are training off of Claude. A significant new breakthrough in chip production technology. And ...

24 Feb 20min

Sam Says Some Things

Sam Says Some Things

Sam Altman has a lot of stuff to say about AI and let’s just say comms needs to have a quiet word with him. SaaS may or may not be dead, but is the replacement vertical AI? And a big thought experimen...

23 Feb 23min

When AI Breaks Things

When AI Breaks Things

When your AI bot breaks your operations, even when you’re AWS. More on OpenAI’s hardware plans. Hey, remember Perplexity? What’s up with them? Is Uber roadkill in the self-driving car horserace? And, ...

20 Feb 19min

A Canticle For Leibowitz

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Gemini is getting with the increased cadence of AI releases. Honestly, can we even keep up at this point? A dispatch from the social media trial as Zuck takes the stand. At long last, Amazon dethrones...

19 Feb 21min

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