There’s a growing frustration with traditional monetary institutions globally. They are centralized, restrictive, controlling, and manipulative.
One of the key benefits of DeFi is that it is open and accessible to anyone with an internet connection. Unlike traditional finance, which is often exclusive and difficult to access for certain groups, DeFi is inclusive and can be used by anyone, regardless of their background or financial situation.
Another major advantage of DeFi is its transparency. All transactions on the blockchain are recorded on a public ledger, meaning anyone can see what is happening in the system. This level of transparency helps to build trust among users and ensures that the system is fair and open.
The estimated population of the unbanked is put at over a billion adults. This represents a potential market for Defi. What do you think.?
3 thoughts on “Defi is the future of finance. Its underlying technology makes it irresistible.”
Until the project rug pulls and you have no idea who the dev is and you have no chance of recovering your investment
Although I have a bank account, I have jettisoned it for Defi. No one will experience passive income opportunities on Xexchange and pass over it. There’s a whole lot of money to make from staking zpay, mex and utk on Xexchange.
DeFi is so undervalued if you ask me. Lots of potentials. Take a look at how much is going on LIDO RN, seems everyone is there. Well, that’s cus of LSD (a story for another day). And you see projects like DAFI wanting to make its DeFi platform easy to use, removing the technicalities of present web3 with its hybrid exchange.
Well, all we can do is sit, and watch what happens. And invest too ofc. You want to be in early on these projects.