Share this article

Will DeFi Matter in a Post-Coronavirus World? Feat. Matt Luongo

Keep Project founder Matt Luongo discusses launching a bridge between bitcoin and ethereum as well as what the world looks like for BTC and DeFi after COVID-19.

Updated Sep 14, 2021, 8:25 a.m. Published Apr 3, 2020, 7:00 p.m.
Breakdown4.3-4

Keep Project founder Matt Luongo discusses launching a bridge between bitcoin (BTC) and ethereum as well as what the world looks like for BTC and DeFi after COVID-19.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Advertisement

Matt Luongo got his start in bitcoin in 2013. In 2016, he watched a pivotal moment where the "sound money, digital gold" narrative subsumed the payments use case for bitcoin. While he agreed, ultimately, with the importance of bitcoin as a new reserve asset, he still wanted to build and found his way to ethereum.

See also:Corporate Socialism to Dying for the Dow: 7 Themes That Defined the Week

Now his company is launching tBTC, a trust-minimized bridge between bitcoin and ethereum. Among other uses, it is a new solution to enabling bitcoin to be used as collateral in DeFi applications.

In this conversation, Matt and @NLW discuss these narrative shifts, as well as what the role and narrative for DeFi might be in a post-coronavirus crisis world.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

More For You

This article is created to test tags being added to image overlays

Consensus 2025: Zak Folkman, Eric Trump

Dek: This article is created to test tags being added to image overlays

What to know:

  • Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.