Crypto’s Next Big Thing: Decentralized Finance Takes On Wall Street finance and crypto

by susquehanNAva



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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47 comments

Nemanja Tatalovic 13/12/2021 - 6:19 Chiều

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.

Reply
Josef Faisal 13/12/2021 - 6:19 Chiều

EXCELLENT, NEXT: DESCENTRILIZED GOVERMENT, to get rid off politician-Parasites BUREAUCRACY, Lawmakers, and other parasites like.

Reply
Udy Nes 13/12/2021 - 6:19 Chiều

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.

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Andrew Louis 13/12/2021 - 6:19 Chiều

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Alan J.M 13/12/2021 - 6:19 Chiều

Nemesis Dao

Reply
xBookx 13/12/2021 - 6:19 Chiều

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.

Reply
Raguel Boratko 13/12/2021 - 6:19 Chiều

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Raguel Boratko 13/12/2021 - 6:19 Chiều

alexistechies on Instagram helped me recover mine last night, I think his good at this..

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Paranoid Android 13/12/2021 - 6:19 Chiều

Destroy WALL STREET and THE FED.

Reply
Raguel Boratko 13/12/2021 - 6:19 Chiều

alexistechies on Instagram helped me recover mine last night, I think his good at this..

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Raguel Boratko 13/12/2021 - 6:19 Chiều

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Brian Sorahan 13/12/2021 - 6:19 Chiều

For the record, uniswap is not competing with coinbase

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Perfect job bynatechies on Instagram 13/12/2021 - 6:19 Chiều

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Unbanked 13/12/2021 - 6:19 Chiều

Bitcoin to 1 million

Reply
Bagel CHiPS 13/12/2021 - 6:19 Chiều

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

Reply
Mitchell Quartero 13/12/2021 - 6:19 Chiều

I really am considering joining the crypto ride in 2022

Reply
C A 13/12/2021 - 6:19 Chiều

Next big thing? A bit late aren't we? Lol

Reply
Check out BYNATECHIES ON INSTAGRAM 13/12/2021 - 6:19 Chiều

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Check out BYNATECHIES ON INSTAGRAM 13/12/2021 - 6:19 Chiều

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Schoowoo Lovesbooboo 13/12/2021 - 6:19 Chiều

I'm long tulip bulbs and beanie babies

Reply
John Pablo 13/12/2021 - 6:19 Chiều

No more credit checks, loans or accounts crypto do it all

Reply
Sarah T 13/12/2021 - 6:19 Chiều

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

Reply
withonor 13/12/2021 - 6:19 Chiều

Down from $150 billion a month ago. This is complete nonsense fueled by ignorance.

Reply
Blingg Al 13/12/2021 - 6:19 Chiều

Looking for The next big gains in the crypto world??? Then buy Dogezilla another 10000× coming soon

Reply
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DM BYNATECHIES ON INSTAGRAM 13/12/2021 - 6:19 Chiều

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kingdramanyz 13/12/2021 - 6:19 Chiều

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.

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crypt0gh0st PH 13/12/2021 - 6:19 Chiều

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.

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kamila Hudson 13/12/2021 - 6:19 Chiều

I'm thinking of investing in the Crypto market but taking my time to figure out how the whole thing works

Reply
Harriet 13/12/2021 - 6:19 Chiều

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

Reply
》Switchin♤Lanez《 13/12/2021 - 6:19 Chiều

Rip 2 Muammar Gaddafi #GodSon

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Peter Helander 13/12/2021 - 6:19 Chiều

GO DEFI & DEXES!! Our antiquated, slow, horrible banks needs to improve or be replaced!!

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Conform 13/12/2021 - 6:19 Chiều

Centralized Ponzi lmao

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Callisto 13/12/2021 - 6:19 Chiều

CRY WALL STREET! 🚀🚀🚀

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RationaleAtheist 13/12/2021 - 6:19 Chiều

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

Reply
raptorkiller 13/12/2021 - 6:19 Chiều

Defi 2.0 LFGOOOO~!!

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Shelly Armstrong 13/12/2021 - 6:19 Chiều

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.

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MyFight Style 13/12/2021 - 6:19 Chiều Reply
Pancake 13/12/2021 - 6:19 Chiều

Countries should use Bitcoin to get out of the hold the USA has with its crappy $1

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Dumb automotive engineer 13/12/2021 - 6:19 Chiều

I'm its already done

Reply

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