Can DeFi Bounce Back? | Sam MacPherson & monetsupply

Bullish:

• $DEFI - Despite recent hacks, DeFi will emerge stronger as protocols implement better security practices and the industry consolidates around battle-hardened platforms.

  • “I'm biased of course, but I'm incredibly bullish on the future of DeFi. And I really hope we can get these hacks under control because I don't think it's a good look for anybody. And if we really want to be the future of TradFi coming on chain, we need to sort this out and I think we will.”

    Sam·39:35

  • “DeFi is not dead. I think we're going through the wringer right now, but I think we'll all be stronger on the other side.”

    Sam·10:27

  • “I think fundamentally what we're building is an incredibly resilient system. And so how to build a resilient system from the ground up, you basically have to do it in hard mode, as you say, which is, think smart contract bugs were massively prevalent in the 2021 cycle, but those are largely going away.”

    Sam·37:55

  • “DeFi is solving a hard problem. So the folks that emerge from this, I would imagine are much stronger, have more competitive market share. I don't know. I think it's, I mean, don't listen to me and then put a bunch of money in DeFi and lose it, but come on. It's like a, think it's a good time to be bullish, DeFi”

    Mike·37:37