DeFi Didn't Break with Dan Morehead & Joey Krug

<p>Many things have broken in the last few months during crypto's bear market. However, DeFi didn't break. Dan Morehead and Joey Krug explain why.</p> <p>Dan founded Pantera in 2003, then pivoted into cryptocurrency in 2013 and went all in on crypto, and is the firm's CEO. Joey joined Pantera in 2017 as co-CIO and is a seasoned builder/investor in the crypto space.</p> <p>Both repeat Bankless guests and both know more than a thing or two about crypto and investing.</p> <p>------<br /> 📣Rhino.Fi | Massive Mystery Airdrop<br /> <a href= "https://bit.ly/3o9trRE">https://bit.ly/3o9trRE</a> </p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER: <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a> <br /> 🎙️ SUBSCRIBE TO PODCAST: <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🌱 LENS | ACCESS CODE: WAGMI<br /> <a href= "https://bankless.cc/Lens">https://bankless.cc/Lens</a> </p> <p>🚀 ROCKET POOL | ETH STAKING<br /> <a href= "https://bankless.cc/RocketPool">https://bankless.cc/RocketPool</a> </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>🦁 BRAVE | THE BROWSER NATIVE WALLET<br /> <a href= "https://bankless.cc/Brave">https://bankless.cc/Brave</a> </p> <p>🌉 JUNO | BRIDGE FIAT TO LAYER 2<br /> <a href= "https://bankless.cc/Juno">https://bankless.cc/Juno</a> </p> <p>⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME<br /> <a href= "https://bankless.cc/zkSync">https://bankless.cc/zkSync</a> </p> <p>------<br /> Timestamps:</p> <p>0:00 Intro<br /> 6:15 The Past Few Months<br /> 10:28 Crypto's 2008 Moment<br /> 12:40 The Mainstream Media Story<br /> 16:45 CeFi vs. DeFi Confusion<br /> 21:45 Media Incentives<br /> 24:00 DeFi vs. Wall Street<br /> 30:45 DeFi is Too Referential Critique<br /> 33:38 DeFi Worked Great<br /> 37:05 Transparency Thoughts<br /> 43:15 2008 Prevented with DeFi?<br /> 49:35 Educating Retail<br /> 53:39 Was This Surprising?<br /> 55:00