DeFi (Decentralized Finance) seems to be a really hard term to pin down a good definition for.
So, good users of bitcointalk.org, I ask you this:
What's your definition of DeFi? Is it something that matters to you or just another buzzword? If it matters to you, where's it heading, and why does it matter?
Cheers!
PS: I'll share my thoughts afterwards
Well i would say its a different thing like the past where people compare IPO/IEO/STO to ICO where just the "name" differs
DEFI is not something that is created just to attract people to try into an empty promise
The whole concept of DEFI is mainly combining the current traditional finance with the help of Technology
I would say DEFI is part of Fintech, or it would be a great example of why Fintech is created
Decentralized Finance has its pros but also cons. When things goes towards decentralized, the structure itself must be really secure and not penetrate-able or get exploit
Because if something were meant to be run on itself, if it could be manipulate from the outside (Users, Investors, Client), the whole structure will be destroyed
