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“I Try to Tell People About DeFi; It Will Come Here and Completely Flatten You:” Jim Bianco

Jim Bianco has decades of experience as a macro markets researcher. He’s been leading his firm Bianco Research since 1990 and was at UBS and Lehman Brothers before that.  It was after installing MetaMask, and doing some yield farming and NFT investing, that he realized, DeFi is a new financial system, and it will replace the old one. …

“I Try to Tell People About DeFi; It Will Come Here and Completely Flatten You:” Jim Bianco

Jim Bianco has decades of experience as a macro markets researcher. He’s been leading his firm Bianco Research since 1990 and was at UBS and Lehman Brothers before that.  It was after installing MetaMask, and doing some yield farming and NFT investing, that he realized, DeFi is a new financial system, and it will replace the old one. And the reason is simple: it’s just better. He has carefully brought this up to his clients, but it’s been tough. Those that don’t underestimate open finance, are waiting to retire before they have to catch up. But Bianco thinks DeFi is taking over sooner than they think.