Published on: June 22nd, 2021 • Duration: 65 minutes
Jim Bianco, president and founder of Bianco Research LLC., and Jimmy Song, founder of Programming Blockchain Inc., face off in this heated discussion on Bitcoin, DeFi, which system is superior, and whether DeFi is truly "decentralized". Bianco makes the case for decentralized finance and discusses the many ways which it can improve upon our traditional finance systems. Song challenges the notion that DeFi is "decentralized" and explains why Bitcoin is the only true possessor of long term scarcity and value. Filmed June 17, 2021.