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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I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
5:54 he deffo rage quit a few games or jobs!
E l s p r o w e b. Is really great for a lot of things to do
Wow I enjoyed this video tho, Forex trading has been really difficult for me to understand but my life has been better after Mrs kathy lien came into my life, she helped me grow my profit and thought me how to trade on my own.
8:33 We have Nexus Mutual for that.
Defi == future
Aave is a middle man
I have been investing in stock since 2013, but I must confess that since I started trading and buying crypto I have made more, this is the FOMO September for incoming dip in October. It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Kevin Kuria John for his amazing skills for help me to earn 17 BTC through trading chart. I believe we are in the spring phase./
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
This new technology does take out the middleman however, when financial institutions are exchanging funds internationally. JP Morgan has been using an ethereum platformed exchange program with the Bank of Canada since October 2017…
What happens if there is a massive default on finance payments? This doesn't solve making bad loans to people / businesses that are not credit worthy…
False. Actually there is insurance you can buy for crypto wallets. Better research next video
These investment are only bound to make slow profit returns in the current market, I've come across a few blogs mentioning investors that engendered profit of up to $450,000 in 3months and I'm alacritous to ken what/how I can make such lucrative profit.
Amazing content! Right now, the markets are very flexible and trading is a bit hard, with lots of fake experts and what not, making profits on crypto coins seems magical or even fake that’s why I trade with Ms. Maureen her skills set exceptional
What a lot of folks don't realize about automation is that administrative jobs will be some of the easiest to replace with programs and algorithms. Wait until the politicians figure out we don't need representatives now that we can create technology to consolidate the will of the people without them.. ha ha ha ha ha!
The middlemen will do their best to fight for their territory. Expect FUD, expect regulatory attacks.
so many news you don't know what to believe
This will ruin our currency and monitary policy which is needed will be unable to save us from any problem that arises in crypto such as hacking or valuation issues.
Some investors look to their investments as a source of income while others use it is a means to grow or preserve their wealth.
Decentralization is not about companies it is about protocols and communities. CNBC is just trying to mold the narratives in terms it is familiar with.
Hello, I'm new to Biticon trade and I've been making huge losses but recently I see a lot of people earning from it. please can someone tell me what I'm doing worng?
As a currency crypto is a bust. Just sell before it goes bust. Seen this before. A lot of people are going to lose big when it pops. And it will.
It’s inevitable. They can delay it, it’ll replace them soon. Crypto is going nowhere. Super happy people have some control of their money for once.
This business of cheering when a company or a country adopts or endorses crypto ALWAYS equals bad news for us. The market ALWAYS tanks when it happens. We need to root for ZERO adoption by companies, countries or whoever. That's when we do well. Please, folks, ask for zero adoption, and buys of crypto ONLY within the crypto community. Lets just keep Crypto within ourselves. Thanks!!
what is the difference between coin market cap and defi market cap?
good predictions, I agree with almost all! Can you analyze the Blockmonsters project?
If you have money in cryptos I suggest you pull it out before Oct 15
If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.The market is very unstable and you can't tell if it's going bearish or bullish.While myself and others are trad!n without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 31BTC from 8.1 BTC in just August from implementing trades with tips and info from Carlton Jefferson
Mrs Sonia is legit and her method works like magic I keep on earning every single week with her new strategy
The point no one is getting is the ppl that run these countries are not interested in things getting better or effective. Why? It’s not in their best interest