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How Bitcoin Could Become the Reserve Asset for DeFi, Feat. Qiao Wang

Crypto trader, analyst and operator Qiao Wang looks at bitcoin’s macro resilience and why DeFi is here to stay.

Breakdown 10.7

Crypto trader, analyst and operator Qiao Wang looks at bitcoin’s macro resilience and why DeFi is here to stay.

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For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublicaiHeartRadio or RSS.

This episode is sponsored by Crypto.comNexo.io and Elliptic.

Today on the Brief:

  • Stimulus talk shutdown spooks markets
  • House recommends antitrust actions but likely to get nowhere
  • CBDC trial results from China

Our main discussion is with trader and entrepreneur Qiao Wang.

In this conversation, NLW and Qiao discuss:

  • Bitcoin’s resilience in the face of a barrage of bad news
  • Why DeFi is a natural next step from the foundation bitcoin has built
  • How bitcoin could end up the reserve asset for DeFi
  • Why regulation is the greatest threat to the spac

See also: ‘Good Reason to Worry’: What the BitMEX Indictment Means for DeFi and Bitcoin, Feat. Stephen Palley and Preston Byrne

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublicaiHeartRadio or RSS.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore