DeFi joins Fintech and govcoin in the celebration of cryptocurrency like the Mad Hatter's tea party. Alice Fulwood, @TheEconomist @alice_fulwood

Photo: DeFi is a collective term for financial products and services that are accessible to anyone who can use Ethereum. Here: "emergency currency"—The Dutch cities besieged by the Spanish army for having revolted against Spanish rule in the 1570s experienced severe shortages of virtually everything, including money to pay the soldiers. Emergency money was therefore minted. Gold, silver, paper: anything in the cities under siege could be used as temporary currency.


CBS Eye on the World with John Batchelor
CBS Audio Network
@Batchelorshow


DeFi joins Fintech and govcoin in the celebration of cryptocurrency like the Mad Hatter's tea party.  Alice Fulwood, @TheEconomist @alice_fulwood