Securities, Tunnels, and the Surprisingly Delightful Splendor of Entropy

Creating a Path Forward in Decentralized Finance for Global Banks and Institutions

By: Jamil Hasan

Narrated by: Virtual Voice

Over the last two years, as the U.S. Securities Exchange Commission has engaged in the process of what appears to be regulatory capture, a shift has occurred. That shift, at least in terms of social sentiment, has seen greater interest by institutions than retail in the future benefits of decentralized finance. My February 13, 2023, blog post at CryptoHipster.tech, lays out the reasons retail investors should remain especially interested in DeFi. These reasons include:

• Increased security
• Accessibility
• Transparency
• Lower fees
• Better user experience
• Decentralized control
• Better investment opportunities
• Increased liquidity
• More inclusiveness
• To support growth of the crypto industry

While the blog goes into more detail of why each of these reasons in important, in layperson's terms, it is not necessarily a fabulous thing to only earn a quarter percent interest on your money sitting in a bank account, while the bank can loan out your funds and earn five percent interest for themselves. You deserve better, where you are a retail investor or a company trying to build a Weighted Average Cost of Capital to invest in future growth opportunities. That is why decentralized finance is so important.

This forty-third book in the Crypto Hipster Chronicles series, entitled " Securities, Tunnels, and the Surprisingly Delightful Splendor of Entropy" draws from four Crypto Hipster Chronicles podcasts. Christopher McGregor, Chief Executive Officer and co-founder at Vesto, shares the importance of creating smart multi-signature wallets for institutional adoption of DeFi. Jamie Finn, President and co-founder of Securitize, shares his vision of why 2021 was the Year of the Token, the importance of transfer agency in decentralized finance, and what Japanese regulators are doing right. Matthijs de Vries, Chief Technology Officer and co-founder of AllianceBlock, shares how his company is bridging decentralized and traditional finance through the creation of data tunnels. And Joshua Tobkin, Chief Executive Officer and Co-founder of SupraOracles, tells us all about how his company is solving the Oracle dilemma. I hope you find this book both educational and useful in your crypto and life journey.