Bits + Bips: Where Is the Most Wealth to Be Made in Crypto: DeFi or CeFi? - Ep. 913

01/10/2025 1h 5min Episodio 913
Bits + Bips: Where Is the Most Wealth to Be Made in Crypto: DeFi or CeFi? - Ep. 913

Listen "Bits + Bips: Where Is the Most Wealth to Be Made in Crypto: DeFi or CeFi? - Ep. 913"

Episode Synopsis

Crypto’s bull run may be far from over, but the battleground is shifting. 

On this week’s Bits + Bips, Bill Barhydt of Abra and Robert Leshner of Superstate join Ram Ahluwalia and Steven Ehrlich to debate: 



The current state of the markets with a looming government shutdown 




SWIFT’s move to build on Linea, an Ethereum layer 2




Hyperliquid vs Aster




The future of perps vs. spot 




Why some DATs are starting to look like grifts 




Whether DeFi billionaires will ultimately eclipse their CeFi predecessors 




Plus: Binance’s and Tether’s valuation, CZ as the entrepreneur of the decade, and why the industry may be entering an era of “perpification.”

Thank you to Xapo for sponsoring this episode!

Hosts:



Ram Ahluwalia, CFA, CEO and Founder of Lumida




Steven Ehrlich, Executive Editor at Unchained




Guests: 



Bill Barhydt, Founder and CEO of Abra




Robert Leshner, Co-founder & CEO of Superstate



Links:




Steve’s story on the DAT that claimed it raised much more than it actually did

Subscribe to Bits + Bips newsletter here





Timestamps:



🎬0:00 Intro




📈 3:26 Why Bill believes the bull run is far from over




🧐 5:10 Why Ram is pushing back on market FUD




🏛️ 9:10 Will a government shutdown impact markets?




🌐 12:48 Why SWIFT building on Ethereum’s Linea layer 2 is such a big deal




🏦 22:15 Whether it even matters if banks embrace crypto




⚠️ 27:50 How one DAT may have been the “ultimate grift”




⚔️ 35:58 Inside the DEX perps wars: Hyperliquid vs Aster




👑 40:32 How valuable Binance and CZ really are to the industry




🚀 50:39 What advantages make Hyperliquid stand out in the perp battle




🤔 53:14 Why picking winners in trading isn’t so simple




🔄 57:29 Winners in stablecoin race plus why perps are better than spot




Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes of the podcast Unchained