@ColinTalksCrypto
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🔵 Is DeFi Going to be Bigger than Bitcoin?? DeFi May Be the Greatest Opportunity in Crypto https://youtu.be/sisaIsIPdSE Gold (Bitcoin's target sector) is only 0.8% of all DeFi addressable market size. Decentralized Finance, aka DeFi (De-Fi), is sweeping the crypto space with innovation. How does this compare with simple money transfer crypto such as Bitcoin (BTC)? The future of DeFi is going to be run by smart contract blockchains such as EOS, Ethereum, Tezos, Tron, Cardano and more. DeFi applications include Ethereum's Maker DAO, DAI stablecoin, LiquidApps (DAPP token), Vigor Stablecoin Protocol on EOS (VIG & VIGOR), Equilibrium (EOSDT) stablecoin, Loopring on Ethereum and many others. - - - - - - - - - Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only. #defi #ethereum #eos #bitcoin #btc #crypto #cryptocurrency #news #blockchain #tokens #coins - - - - - - - - - ⚡ ColinTalksCrypto.com ⚡ http://www.colintalkscrypto.com/ 💜 EOS donation address/account name: colintcrypto 💜 Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0 💜 Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t 💜 Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF 💗 YouTube: http://youtube.com/ColinTalksCrypto 💗 Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto) 💗 Facebook: http://fb.me/ColinTalksCryptocurrency 💗 Instagram: https://instagram.com/colintalkscrypto/ 💗 Steemit: https://steemit.com/@colintalkscrypto 💗 Uptrennd: https://uptrennd.com/user/colintalkscrypto 💗 BitChute: https://bitchute.com/channel/colintalkscrypto/ 💗 D.Tube: https://d.tube/#!/c/colintalkscrypto 💗 3Speak: https://3speak.online/user/colintalkscrypto 💗 BitTubers: https://bittubers.com/profile/ColinTalksCrypto 💗 LBRY.TV: https://lbry.tv/@colintalkscrypto 💗 Read.Cash: https://read.cash/@ColinTalksCrypto 💗 SteemPeak: https://steempeak.com/@colintalkscrypto 💗 PeakD: https://peakd.com/@colintalkscrypto 💗 Commun: https://commun.com/@colintalkscrypto
1 comment
So, I think BTC is a fake Bitcoin pretending to go after the job of Gold without the fundamentals needed to do that. I know many of your watchers (and a lot of social engineering agents pretending to be humans who love Bitcoin) need you to treat BTC with great respect. I was impressed you were honest about your opinions related to the weaknesses of the BTC maximalist's position in this video. I know that is not without risk. If you were talking about crypto's in general and DeFi's potential, I think you are correct DeFi could be much bigger than just currency/money. I think that is kinda obvious and one reason many have long said it is not just cryptocurrency, but, "blockchain technology" people should invest their efforts and money into. DeFi is just a new fancy word for something we all knew was possible and seems pretty likely now that this Genie is out of the bottle. I bet you already knew this as well. I do think this video is a nice way to package the idea for public consumption. I want to comment on the idea of Bitcoin or crypto 'going after the 11 Trillion Gold market cap". Like the idea of destroying Fiat and replacing it, I do not see crypto taking away Gold's market cap. Gold has real value and a limited supply. It is not going away. You may not have intended to imply the idea I am responding to, but, I wanted to respond so people who think destroying Fiat or Gold's market is our goal. I believe that 'statement of our intentions' is most likely being spread mostly by the anti-Bitcoin social engineering efforts. Yes, we see crypto being used as a safe haven like gold and we want to demolish evil central banks and runaway inflation. I think we intend to do that by being better money than fiat so they have to be better and by having real reliable value that can be counted on to last like gold. Crypto is not there yet although fiat big-wigs are already looking for ways to compete (get better). I see cryptocurrencies as having a LESS-limited potential market cap. I do not think the 11T or even 107T is all we can strive to be worth. I also hope to see Gold keep it's strong market.