Welcome to another weekend bonus episode of the Tech Mem Ride Home. I'm Brian McCullough.

I don't think I've made any bones about the fact that I tend to blow hot and cold on crypto.

Sometimes I grow frustrated that it always seems to be a lot of sound in fury

ultimately signifying nothing or at least not amounting to much that actually

touches normal people's lives.

I'm not sure if that's a fair way to look at the crypto space or not, but at the same time

there's no single corner of the tech world that has more activity, that has more

passion and energy and just pure

crazy creativity than crypto. Lots of people in crypto have adopted my book

about the first half of the internet era because they hope it's a guide for how just

when everyone has written off a movement that's when it finally breaks through and

I'll admit that's why I keep my eye on the space as well that's why the

activity around Defi has caught my eye on the space as well. That's why the activity around Defi has caught my eye. By some

measurements this is crypto actually being used in a tangible real world way and in volumes of activity we've never seen before.

Is Defi actually fulfilling the original economic promise of crypto?

What the heck is Defi? What is it doing? It's hard for a knucklehead like me to get my mind around it.

So I sent out the bat signal to Brady Dale of Coin Desk to tell me what the heck is going on with Defy. Brady, I feel like I've said, I always joke that these weekend bonus episodes are more for me than

for anyone, like, you know, get somebody smart on to talk about something and just be like well explain

it to me I'm dumb but in this case I really don't know this stuff like this defy stuff came

completely out of the blue for me. So when, okay, when I actually Google, what is D-Fi?

I get an explainer from coin base.

And this is what it says.

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