Fernando Martinelli, Balancer Labs CEO, on How DeFi is Turning Traditional Finance on Its Head
There is rarely a day that Bitcoin is not in the news. However, Bitcoin, which set the ball rolling for cryptos as we know them today, comes with its own set of issues. For instance, due to its unpredictable volatility it cannot effectively serve as a means of exchange. For instance, if you go into a shop and buy a newspaper with Bitcoin, one day that newspaper might cost you $1, the next day, the same newspaper could cost you $10. That is not practical. Q2 2021 hedge fund letters, conferences and more The crypto market is extremely volatile. As we’ve seen prices can skyrocket and drop overnig...