DeFiance Capital CEO Arthur Cheong says he’s watching three altcoins that he believes are fulfilling crypto’s strongest narratives.
In a new interview with the When Shift Happens YouTube channel, Cheong says that crypto and blockchain technology are primed to fulfill the needs that the fintech industry once catered to.
“Crypto and blockchain are well positioned to abstract away. And I think this is still true right now.
Obviously, there are a lot of issues, but from a first-principle perspective that makes sense. So I think this makes it worth investing in, and I think in the sense that you can say DeFi (decentralized finance) is a better form of fintech in a way…
I think fintech doesn’t actually bring anything new to finance anymore because whatever the technology part can bring to finance, the bank can do it themselves. The banks are doing the robo-advisors themselves, the banks are doing all these things themselves. They’re probably a bit slower but it’s not somethin
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