43:21

CryptoCRYPTOVERSE

Can DeFi Be Built on Bitcoin?

Featuring Edan Yago & Ash Bennington

Nov 09, 2021 • 43 minutes

188

13

Crypto

CRYPTOVERSE

Can DeFi Be Built on Bitcoin?

Listen to Edan Yago's story as he explains how complex networks led to the creation of a DeFi network on the Bitcoin chain.

Featuring Edan Yago & Ash Bennington

Nov 09, 2021 • 43 minutes

Edan Yago, co-founder of Sovryn, understood early on the promise of Bitcoin and seized on the opportunity to upset the feudal dynamic of Web 2.0, an environment within which a few key players own a vast majority of networks. This proved to be a revolutionary moment for Yago, who set out to develop a DeFi infrastructure through his company, Sovryn. In this interview, Yago explains why, in his view, Bitcoin is so important and why it provides freedom and equal access to individuals. He says, “When I read the Bitcoin white paper, what I saw was the ability to have a digital commodity, but more importantly the ability to have digital rights, digital property." He also discusses why he believes smart contracts and other DeFi functions can operate competitively on a Bitcoin sidechain, disrupting the common trope that Bitcoin would likely function as a less liquid reserve asset in a crypto-dominated future. Interviewed by Ash Bennington on November 1, 2021. Show More

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

COMMENTS

Sort By
  • Newest First
  • Oldest First
  • Top Rated
  • Most Discussed
  • Most Controversial

Access Crypto Content

This content is reserved for the thousands of visionaries supporting the financial revolution. We'd love for you to join us. Interested?

Join Now

Already have an account? Log In