Unfortunately, now Defay is not suitable for ordinary users and scenarios for the type of loan to expand a business, buy a car or something like that. Loans in DeFi do not go beyond the world of cryptocurrencies, and are mostly made with the speculative goal of "making money quickly". And the cryptocurrencies themselves have not really received any official status yet. Laws are just being written for them. Therefore, it is still very, very, very early to talk about an alternative to banks.

In my humble opinion, the hype in 2020 under the brand "DeFi" is not over yet. To date, the ideas of decentralized Finance continue to excite fragile minds, setting new growth records and inflating the bubble. But if you look at it, there is nothing fundamentally new in Defi, most of the projects under today's label "DeFi" have existed since 2017-2018. But for some reason, in only 2020, they raised such a fuss that this is such a necessary, necessary thing today, and that tomorrow, well, the day after tomorrow, they will change the world, of course for the better.