31: DeFi Basics - Traditional Finance Gets Competition From Crypto with Grayson Sharp

Today I interview Grayson Sharp and learn about DeFi - decentralized finance. We talk about how it works, risks and rewards.Actually getting into DeFi requires a good bit of technical skill. Grayson and I are both on the waitlist of the Giddy app, which has a goal to make DeFi easy and accessible for more people. It's possible right now to make 40% on stablecoins so I'm interesting in putting a little bit in to try it out.Links from the show:Impermanent Loss - What is is, how to avoid itHeliumWorld Economic Forum Whitepaper on DeFivfat.toolsBeefy.finance - where Grayson participates in DeFiSquid Game Rug PullInternet Computer Protocol (ICP) - a blockchain, ethereum competitor==============================Check out getbitcoinfi.com for more blog posts and articles, and get involved in the community.Strike - the Venmo of crypto. Buy, sell and send crypto with no fees. Use my link to get $5, no purchase necessary.I have a Roth IRA with Choice to buy Bitcoin in a tax sheltered account. Traditional IRA's are also available. We both get $50 in Bitcoin when you open and fund an account, plus daily chances to win Bitcoin.Swan Bitcoin: Lower fees than Coinbase with a strong focus on educationMy TwitterMy Youtube==============================Feel free to schedule 15 minutes with me.Note: Swan Bitcoin is my only affiliate relationship - the rest are mutually beneficial referral links.