Bitcoin Fixes This #64: "DeFi" with Big Al

Big Al is a pseudonymous Bitcoiner who’s written articles with Allen Farrington. We talk about his article Only the Strong Survive. It’s a deep 48-page analysis of the DeFi ecosystem and why he and Allen think there’s nothing really there. Big Al also tells us about all the main concepts and arguments from the article including why DeFi is neither decentralized nor finance.