15th February 2023 Digital Bytes

Welcome to this week’s Digital Bytes. This week we have analysis on the following topics:

DeFi and DAOs - the impact of DeFi and DAOs is gradually being felt across the world as they collectively challenge the world’s financial markets so making them more transparent, inclusive and secure - controlled by everyone and no one.

Can Bitcoin’s price be based on stones? - rai stone has been used for centuries in the Pacific by the Yapese people as the foundation of a relatively sophisticated decentralised monetary system based on the value of labour and scarcity and without the need for intermediaries. What can we learn from these Pacific islanders to determine if now is a good time to buy Bitcoin?

Digital assets likely to further increase the need for bots and algorithmic trading - the buying and selling of shares, bonds and other assets is already dominated by bots and algorithmics. As we see more assets being made available in a digital form, the % of trades on many of the existing traditio…