The rise of the internet, smartphones, and cloud computing was a huge step but DeFi is the next great LEAP in global finance. Centralized, binding , corporate guards of financial products and services are being replaced with decentralized, open, trustless and permissionless protocols that were shunned and viewed as a pipe dream.
DeFi tokens, dapps, and protocols continue to appreciate, grow and developers that are improving this tool to fix uncertainties and become more mainstream.
You have many popular protocols like uniswap that is a lending dex in the defi ecosystem with a native token and encourages liquidity for specific pools, or Fairyswap that contain privacy-preserving functionalities that satisfy crypto users demand of anonymity while still retaining auditability that fulfills government regulations. And many others like sushiswap, maker, nexus, etc. etc.
With the combination of composability and permissionlessness, the potential for growth and opportunity is big compared to our traditional system.
What do you guys think? What will come to be of traditional finance?