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Speculative Attack Against the Dollar - David Seroy
The full interview took place in the TradFi to DeFi Channel: https://www.youtube.com/@TradFitoDeFi
In this episode of the TradFi to DeFi podcast, we have David Seroy, a contributor of Sovryn's Zero Protocol. David explains how the Zero Protocol allows users to engage in a speculative attack on the US dollar by issuing liabilities measured in US dollars and locking up Bitcoin collateral. By creating new dollars out of thin air and increasing the amount of dollars in circulation, the value of the dollar decreases as a result of added inflation. The goal is for the value of the liability to decrease over time, which would result in an increase in the value of Bitcoin due to its scarcity. David also highlights the advantages of using the Zero Protocol, such as 0% interest on loans and flexible repayment, as well as the potential for innovation in the decentralized finance space. Watch this episode to learn more about the Zero Protocol and how you can potentially benefit from the volatility in the crypto markets.
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╚═★ 𝑈𝑠𝑒𝑓𝑢𝑙 𝐿𝑖𝑛𝑘𝑠: ★═╝
Full Interview: https://www.youtube.com/watch?v=EvNbo-DDEcg
Sovryn: https://www.sovryn.app/
Rootstock: https://rootstock.io/
We Are Bitcoin: https://wearebitcoin.world/
꧁☆★ 𝒯𝓌𝒾𝓉𝓉𝑒𝓇 ★☆꧂
David Seroy: https://twitter.com/david_seroy
TradFi to DeFi: https://twitter.com/TradFitoDeFi
Sovryn: https://twitter.com/SovrynBTC
Rootstock: https://twitter.com/RSKsmart
We Are Bitcoin: https://twitter.com/wearebitcoin_
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