Post
Topic
Board Economics
Re: Is DeFi really a threat to centralized finance?
by
Wallflower28
on 29/10/2020, 23:10:05 UTC
Although there have both similar in word finances, they are also different in perspectives. As decentralized finance is not being manipulated nor control by a single person, unlike with cefi or centralized finance. In other words, they are opposite idea that conquering the world of crypto. It is a threat for centralized finance since decentralized have the most valuable term in crypto. We love decentralization because government and bank sucks.