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Welcome to Blockstream Talk today's conversation is with Dr. Adam Back, Blockstream Co-founder and CEO. It's been a wild couple of weeks in Bitcoin markets. This conversation goes over what's wrong with DeFi, how Tether is different from UST and what are the lessons we can learn from Luna? If you find this conversation don't forget to like comment and share.
Timestamps:
0:00 - Introduction 00:55 - What happened in the Terra ecosystem? 08:05 - Crypto market cap is a misleading metric 12:11 - UST failures effect on other stablecoins 23:40 - Incentives within the DeFi space 26:30 - Could the Luna situation have ended differently? 31:15 - Stablecoin velocity and resiliency 36:09 - Liquidity and backing within stablecoins 41:21 - Bitcoin stigma in banking 44:08 - Key lessons
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This episode is now available on Fountain:
Blockstream Talk #13 - Luna Lessons with Dr. Adam Back - Listen on Fountain #29445 https://fountain.fm/episode/8193561148
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