I anyone is still doubting what DeFi will be capable of doing in the next couple of years, then they should reconsider their ideas. Big time.

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.

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8 thoughts on “I anyone is still doubting what DeFi will be capable of doing in the next couple of years, then they should reconsider their ideas. Big time.”

  1. Countries ban cryptocurrency for the exact same reason they have laws against theft and fraud. Cryptocurrencies and DeFi are scams designed to siphon money from vulnerable people to the fraudsters running the circus.

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  2. Yeah. I agree with you. As a crypto newbie I tried out DeFi at first, but it was difficult to navigate, until I stumbled upon Unido app. It made the whole DeFi experience very easy. I’m now enjoying my time in the the DeFi space.

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  3. I know DeFi is very very good but then, I don’t think we can do away with CeFi so it’s better we stay on a platform like blockbank that has both features so as to enjoy the CeDeFi world

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  4. Right now DeFi stands for Degenerate Finance. It will mature no doubt and once government regulation comes (and it will) there will really be no difference between DeFi and CeFi. I would not be surprised to see Chase Bank buying Uniswap for example and integrating it with it’s traditional brokerage business.

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  5. It’s a steep learning curve, for most people to comfortably on board CEFI and feel like they are knowledgeable enough to feel safe dipping a toe in DeFi away from the customer service of some of the better exchanges. That takes a six months to a year for most people to get comfortable. Just stack sats and ignore the noise. We are way early.

    You won’t really see the movement from the super bowl money push until around July time.

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  6. Not inevitable at all. The amount of money in DeFi is nothing compared to other asset classes. All it takes is a coordinated attack on DeFi to destroy confidence and it is finished.

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  7. AAVE and Baanx are both solid projects but one other altcoin that should be considered is Gather network. Project has huge potential with solid fundamentals

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  8. Yeah DeFi has bought great deals here in the cryptoworld might as well as providing us investors some unique services. One example would be ebox , ebox has been famous with its onchain escrow service which allows user to safe send transaction with reversible option , on top of that they have been audited by certik means that this project is not that ordinary

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