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DeFi and the Future of Finance
eBook
$16.00
By Campbell R. Harvey, Ashwin Ramachandran, Joey Santoro, Fred Ehrsam (Foreword by), Vitalik Buterin (Preface by)
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During the Global Financial Crisis in 2008, our financial infrastructure failed.
Governments bailed out the very institutions that let the economy down. This episode spurred a serious rethink of our financial system. Does it make any sense that it takes two days to settle a stock transaction? Why do retailers, operating on razor thin margins, have to pay 3% for every customer credit card swipe? Why does it take two days to transfer money from a bank account to a brokerage—or any other comp...