That makes sense. A programmer makes multiples of average salary in my country & there's a lack of em. Or the salary is still too low.
In 1980's learned Basic, in 90's learned Trade station, in 2004 learned Ninjatrader, 2010 hired programmers and they developed own platform, charting, backtesting, etc. Am too old to sit there and solve logics. It is tough enough to manually trade to "get down" rules that make sense. Hard to stay focused, nod off to nap some times. LOL
...audits code to learn solidity/rust in spare time learns to write smart contracts then builds mev frontrunning bots launches memecoin launches nft pfp collection rinse/repeat realizes that is too much work then writes flashloan arb contracts
TradFi is actively being "reprogrammed" by DeFi developers. Just look at TVL numbers. Crypto, by far, is hosting the greatest pace of innovation rn with money legos or ponzi legos - whatever one's bias might be.
What kind of an example can you point to where TradFi would be disrupted by DeFi (as opposed to creating an entirely new space)
I dunno if your framing of the question makes a difference. With DeFi, my phone is a bank where I can borrow, lend and save with low friction. The interest that is offered in DeFi pales what is available in tradFi. Brick & mortar banks most likely will go the way of malls. https://www.thomsonreuters.com/en-us/posts/legal/defi-bankless-society/
How does the borrowing work for example to fund the purchase of a home? Can that be done today? What needs to be done to do that?
I think it is more like I been trading for 44 years. Trading is so boring now, I only manually trade to iron out rules before they go to programmer. My time generally is developing new chart patterns, piled up hundreds of them and left in corner of office for time in my life I didn't want to manually trade, what I been doing for several years now. Thank you for suggestion.