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Take everything you think you know about crypto and poop it in the toilet. Shout between the stalls to your neighbor to show your support for their struggle. Light a match to cover up the Taco Bell token you bought earlier. Give a congratulatory hoot when you flush and finish. This is my anti-professional crypto channel. I‘m just a a barely sane dude who fell down the cryptocurrency rabbit hole. This channel is my fumbling attempt to communicate myself outside of my own head about my journey in the crypto space.
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Wednesday Jan 12, 2022
Wednesday Jan 12, 2022
Good morning! This morning I read an article that talks about French Bank Societe Generale using DeFi protocol MakerDAO to take out a $20 million loan. This may not seem like much for a bank, but the fact that a TradFi bank is using DeFi for the first time is huge. It is also the first time real world assets, such as houses are put on-chain in an official capacity. It will be interesting to see what happens after this once this seal has been broken.
Sources:
https://medium.com/bankless-dao/brick-and-mortar-banks-begin-to-build-on-chain-de0e78413fc2
https://www.societegenerale.com/en
https://coinpaprika.com/