How Difi is beneficial for Crypto Investors ?

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Avatar for Bitman007
3 years ago

DeFi is attractive because it breaks down big business models. Profit sharing, equity ownership & financial transactions which were inaccessible to 99.99% of the world, have just been opened up to all. But with power comes responsibility... tread carefully. It's the wild west.

There are definitely similarities. Most of these tokens will probably go to zero. Key difference though: - 2017: was all whitepapers, no working products. - 2020: has actual working products, many of which are profitable & priced cheaply.

Tokenisation has the potential to break down big business models... that doesn't mean we should or even that it's a good idea. As for DeFi, So Many see is games of Ponzi musical chairs 🤷‍♂️.

What you understand about difi?

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