Hey, everyone, welcome back to capitalism.com. I'm Ryan Dania Moran, and today we're going to go a little bit further down the rabbit hole.

I've already admitted that I was wrong about crypto and Bitcoin, and today we're going to take it one step further and talk about decentralized finance. I've been learning

this world from my friend Catherine Lavery. And if that name sounds familiar, it's because she's spoken

on stage at our events and she's been on the podcast in the past talking about a very successful

e-commerce business that she runs called Best Self Co. She's famous for selling

lots and lots of journals and other products as well. But a year ago, she started spending

some time as a distraction from stress in her life learning about decentralized finance.

And it turned out to be a very profitable distraction.

So she has been catching me up to speed on what this world looks like.

And from a business perspective, I want to know how are these changes in the world going

to impact business?

How are they going to impact entrepreneurship?

Right now, we're still super early.

Right now, we're still speculating about how these developments are going to impact

our lives.

So we go a little bit further into that discussion in this talk with Catherine.

Now, Catherine is very well versed in this space.

So she throws around a lot of names of projects and tokens

that I sometimes have to interrupt and say, hold on, let's define this for a second. Because if

you're not familiar with the projects, this can just feel like people are name dropping a bunch of

stocks that you've never heard of. So you'll hear me to kind of slow down in the conversation a few times as we clean up

certain pieces of the conversation because if you're not familiar with the projects,

...