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 Chat

Degen 1:” Warren Buffet says crypto is rat poison squared and going to zero.”

Degen 2: “What do you expect? Those guys are just protecting their vested interests. We are going to the moon with or without the tard-fi octogenarian boomers.”

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