If you just go to those countries that banned cryptocurrency and get in details of why they’re banning this market, you’d eventually find out that one of the major spaces they’re trying to avoid is DeFi.
I mean decentralized finance is one of the industries that threaten the dominance of the banking cycle. And that’s why most of these countries are scared of the spread of knowledge around DeFi. But they won’t be avoiding DeFi for a long time honestly. It’s inevitable. And everyday we’re seeing new projects pushing this space to grow even more, like AAVE, Baanx and much more.
So yeah, never underestimate the strength and the importance of decentralized finance. It’s one of the most vital parts of cryptocurrency.