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‘DeFi is not decentralized at all,’ says former Blockstream executive

Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

‘DeFi is not decentralized at all,’ says former Blockstream executive

Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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