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Why Bitcoin Will Become the Reserve Asset for DeFi, Feat. Qiao Wang

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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 space
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