A slightly insulting and tongue in cheek term used by DeFi degens to describe traditional financial services. It’s fair to say very few crypto OGs have much time for traditional finance, crypto is a to a large extent a rebellion against it, particularly DeFi. Traditional finance is shortened to trad-fi, then the final twist of the knife is to rearrange it to tard-fi to describe the industry and those involved. We think you get it.
Degen 1:” Warren Buffet says crypto is rat poison squared and going to zero.”
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