Monday, November 18, 2024
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Qiao Wang: Bitcoin Could Become the Reserve Asset for DeFi

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

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

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