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Decentralized finance mainly converts custodial risk into technical risk rather than eliminating risk altogether.
Drawn from what Lyn Alden said
Subjectcrypto
Mental modelTrade-offs
What Lyn Alden actually said
- Lyn Alden Investment researcher and engineer who runs Lyn Alden Investment Strategy
While there is some utility value in DeFi, it basically lets users transform custodial risk into technical risk (e.g. bridge protocol hacks), which is not a free lunch.
Where this was said
↗Why Most Cryptocurrencies Won’t Accrue Valuelynalden.com
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Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us
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