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DeFi Still Needs a Silk Road Moment

Boaz Sobrado

Related: What It Means if Companies Like Twitter Are 'Systemically Important' to Financial Regulators

I’ll believe DeFi has a product-market fit when drug smugglers can buy trust-minimized insurance for their shipments and retail speculators can gamble on the price of cocaine in Australia the same way they do with the price of oil in Texas.

I’ll believe DeFi has a product-market fit when drug smugglers can buy trust-minimized insurance for their shipments and retail speculators can gamble on the price of cocaine in Australia the same way they do with the price of oil in Texas.

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