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Opinion
DeFi and the 3 Cs
The purely collateral-based type of lending practiced so far in decentralized finance has limitations. Reputation systems may widen the possibilities.
Crypto Can Do Better Than ETFs
The founder of WallStreetBets says crypto-native tools like on-chain asset management and smart contracts are the next step for financial products.
Why Nobody Wins in Coinbase vs. the SEC
The lawyers who say the company’s Lend product flouts securities laws may have a point. But who is serving the public interest these days?
Bukele’s MS-13 Double Bind
The Salvadoran President has had to operate in secret while negotiating with gangs. That has raised suspicions and lent aid to his critics.
Are Central Bankers Ready for Payments Theater?
If the Fed and other banks adopt a CBDC, they will inevitably become involved in disputes about what is and isn’t acceptable economic activity, says our columnist.
Do NFTs’ Crazy Valuations Make Them Art? A Leading Collector Says No
The cultural cachet that makes fine art such a good investment will take years to build up around NFTs.
