Keeping the faith in crypto amid TradFi crisis: Paris Blockchain Week 2023

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Paris Blockchain Week 2023 (PBW) was buzzing with talk of innovation in blockchain technology and the future of the Web3 industry.

However, the conference occurred amid a major banking crisis in the United States, which shuttered crypto-friendly Silicon Valley Bank (SBV) and continues to affect many others worldwide. While it was not the central theme of PBW, for many, it was a moment to emphasize the utility of decentralized finance (DeFi) when traditional finance fails. 

Cointelegraph reporter Joe Hall was on the ground in Paris catching up with some of the leaders in the Bitcoin (BTC), crypto and Web3 space. In this episode of Decentralize with Cointelegraph, we tune into the highlights of some of Hall’s conversations with industry movers and shakers on topics including Web3 mass adoption, the role of Bitcoin in current market conditions, the metaverse and more.