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An interesting response on "how does DeFi cross the chasm?" It doesn't. The rationale is that DeFi is truly for speculators (e.g. bedroom HF managers)—but that this will grow sizable & produce a useful byproduct: yield. Yield gets repackaged to high yield savings for consumers
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For a category that was unnamed and barely existed ~2yrs ago, growth in #DeFi is incredibly impressive. But within the crypto community its not controversial that DeFi is primarily used by insiders for speculation. How does #DeFi cross the chasm? jessewalden.com/how-does-defi-
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