I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi?
If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites. Implode and destroy itself, maybe that is too harsh an assessment but I do not think it will disrupt anything now, it will change and make things easier in the future, but not before some massive hack or smart contract failure turns one big platform inside out.
Nothing special about Defi. People lending other people money and earning interest is the gist.