What would a world without banks look like? The answer may lie in decentralized finance.
Decentralized finance is an emerging ecosystem of financial applications and protocols built on blockchain technology with programmable capabilities, such as ethereum and solana. The transactions get executed automatically through smart contracts on the blockchain, which includes the agreement of the deal.
“Anyone can actually build businesses on top of these protocols and using them the same way as we can today build an internet business on top of the HTTP IP protocol,” said Stani Kulechov, founder of a DeFi protocol called Aave.
Decentralized finance has captured only 5% of the crypto space, according to CoinGecko, but it has seen massive growth recently. There was $93 billion worth of DeFi assets in the crypto market as of June 2021, up from $4 billion just three years ago. To be sure, DeFi’s growth has slowed since the summer of 2020, and regulatory scrutiny from Capitol Hill has spiked over fears of crypto’s checkered past.
1:17- Chapter 1: The ABCs of DeFI
3:16- Chapter 2: The DeFi boom
5:45- Chapter 3: Why people are excited about DeFi
7:31- Chapter 4: What’s next?
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Crypto’s Next Big Thing: Decentralized Finance Takes On Wall Street .
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Crypto’s Next Big Thing: Decentralized Finance Takes On Wall Street
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47 comments
Wall Street, bankers, enterprises, all of them are looking how to step into the crypto space. I wonder do they know about UnidoEP that is the most secured crypto asset management for those types of investors.
EXCELLENT, NEXT: DESCENTRILIZED GOVERMENT, to get rid off politician-Parasites BUREAUCRACY, Lawmakers, and other parasites like.
This is the end of banks, the state and the big corporation. These institutions will declare war to Blockchain and crypto currencies. But it's an unstoppable technological leap. We're heading to a Libertarian world.
Investing in Bitcoin has made a lot of young investor millionaires, taking the right direction and investing for the future has been my prior motive. started investing with a professional trade who helps me out' Mrs Amelia ja
Nemesis Dao
Crypto is the way to go. Institutions need to get on board. They should take a look at how UDO will help them in their asset management.
alexistechies on Instagram helped me recover mine last night, I think his good at this..
alexistechies on Instagram helped me recover mine last night, I think his good at this..
Destroy WALL STREET and THE FED.
alexistechies on Instagram helped me recover mine last night, I think his good at this..
alexistechies on Instagram helped me recover mine last night, I think his good at this..
👆👆👆got my best recommendations couldn't have done it without him.
👆👆👆got my best recommendations couldn't have done it without him.
For the record, uniswap is not competing with coinbase
☝️☝️☝️ he's absolutely the best no doubt.
☝️☝️☝️ he's absolutely the best no doubt.
☝️☝️☝️ he's absolutely the best no doubt.
Bitcoin to 1 million
Crypto will never replace traditional currency. Here's the thing : do you really want to use a crypto card account with fees and can lose value? 🤣 Didn't think so. Just like casinos and Wall Street. The house always wins. Unless you're already rich, you're almost guaranteed to lose everything. No? Ask you parents and grandparents what happened to their investments
I really am considering joining the crypto ride in 2022
Next big thing? A bit late aren't we? Lol
Thanks 🔺🔺🔺 you're really good at what you do, i'm so happy i contacted you on time👍.
Thanks 🔺🔺🔺 you're really good at what you do, i'm so happy i contacted you on time👍.
I'm long tulip bulbs and beanie babies
No more credit checks, loans or accounts crypto do it all
Most people think… investing in crypto is all about buying coin and leaving it to rise,😂common it takes much analysis to be a successful crypto trader
Down from $150 billion a month ago. This is complete nonsense fueled by ignorance.
Looking for The next big gains in the crypto world??? Then buy Dogezilla another 10000× coming soon
🔼🔼🔼🔼🔝…
🔼🔼🔼🔼🔝…
🔼🔼🔼🔼🔝..
It wasn't easy for me to meet someone to get the job done for me cause I have trust issue sometimes, but I had to take a step then I was referred to 🔝🔝🔝 I trusted him and he never let me down 🙇🙇..
It wasn't easy for me to meet someone to get the job done for me cause I have trust issue sometimes, but I had to take a step then I was referred to 🔝🔝🔝 I trusted him and he never let me down 🙇🙇..
dont use banks. they are crooks that have gotten bailed out multiple times after raping the poor. burn the banks to the ground and redistribute everything and make cleaning land, air and water a top priority.
Solana will flip ethereum this bull cycle. watch out! Solana is gaining new users everyday while ethereum is hurting new users because of its fees.
I'm thinking of investing in the Crypto market but taking my time to figure out how the whole thing works
Trading crypto currency can serve as 1 stream of
income and a profitable one at that. I currently earn around $500 daily and I
never thought crypto would have a good impact on my portfolio. Ryan Hans is to
be praised for all this, top notch
Rip 2 Muammar Gaddafi #GodSon
GO DEFI & DEXES!! Our antiquated, slow, horrible banks needs to improve or be replaced!!
Centralized Ponzi lmao
CRY WALL STREET! 🚀🚀🚀
The number of bot comments in this video is hilarious. Especially the ones where they have a conversation with themselves. Just shines a light on how dodgy cryptocurrencies are
Defi 2.0 LFGOOOO~!!
I like your presentation!! Concise!!the price pump is amazing for very early investors or those who just got in for the first time otherwise it's just bouncing back to normal price for the rest of us which is good, btc truly is a class of its own, I get good returns from BTC implementing trades with tips and info from Suzanne Stephens Ellis a well renowned trader. It has no competitors. All the other alts are competing with each other, they are more centralized, and the majority of them are not completed projects. I can't believe it when i hear people selling their btc for alts lol, thats why I trade with the best analysts since the last bear which i attain maximum success.
#shibarmy
Countries should use Bitcoin to get out of the hold the USA has with its crappy $1
I'm its already done