Udi Wertheimer is a skeptic on most blockchain tokens. False marketing annoys him, he thinks Ethereum is fundamentally a bad investment, and the new DeFi movement is not decentralized at all.

Show Notes:

Living through the silliness of the 2017 crypto bubble How Udi thinks about the space then vs now Ethereum’s problems, comparing ETH then vs now DeFi is mostly centralized, comparing Tether to MakerDAO & Bitmex liquidations What if DAI was built on Bitcoin What is Liquid, why couldn’t ETH be built as a Bitcoin Sidechain Decentralization of sidechains vs native blockchains Chances of heav...