00:00 DeFi defined in laymans phrases
00:27 How decentralized is DeFi?
02:11 Decentralized finance vs centralized finance
02:48 DeFi can solely fail by turning into CeFi
What’s decentralized finance, or “DeFi”? These tasks present primary monetary companies, equivalent to lending, investing, saving, and so on. in a decentralized style. However how decentralized are DeFi tasks? And the way do they evaluate to conventional, centralized, finance?
This query is from the bonus Q&A session on DeFi, which came about on Could sixteenth, 2020. In order for you early-access to talks and an opportunity to ask questions within the month-to-month reside Q&As with Andreas, develop into a Group Builder on Patreon: https://www.patreon.com/aantonop
Outdoors the Golden Cage of Banking – https://youtu.be/ZBIkC7nkbWE
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