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Podcast: Software Engineering Daily
Episode: Decentralized Finance with Tom Schmidt
Description: Cryptocurrencies today serve two purposes: store of value and speculation. The application infrastructure that has been built around cryptocurrency is mostly to support these use cases. At some point in the future, perhaps cryptocurrencies can be used as a global medium of exchange that is accepted at the grocery store. Perhaps we will use the blockchain for supply chain management, and as a universal ledger for real estate ownership.But today, cryptocurrencies are mostly used for speculative trading. Users buy and sell different cryptocurrencies and stablecoins, looking to make short-term profits. And the markets for t...