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RE: What is DeFi and How Is It Different from Traditional Finance? Is It Another Scam That I Should Know About?

in Project HOPE4 years ago (edited)

Thanks for your entry! You are not crazy to think that DeFi may one day replace the finance we know of. There is a certain beauty in DeFi's permissionless system. Cutting out the middlemen also make things faster and cheaper.

Decentralized blockchains as well as DeFi are still at its infancy. Just imagine when this system becomes mature, how would it change the entire financial landscape? 🙂

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Yes, the landscape is in the process of building. What a time to live!

Personally, I am more intereted in Financial-Inclusion of every person on the planet earth.