Eazi🎩🔵⚡ pfp
Eazi🎩🔵⚡
@eaz
How does DeFi impact traditional finance? Decentralized Finance (DeFi) has the potential to significantly impact traditional finance in several ways: Disintermediation: DeFi platforms and protocols enable peer-to-peer transactions, eliminating the need for intermediaries like banks, brokerages, and other financial institutions. Increased Accessibility: DeFi provides access to financial services for underserved or marginalized communities, promoting financial inclusion. Reduced Costs: DeFi transactions are often cheaper and faster than traditional financial transactions, reducing costs for consumers and businesses. Improved Transparency: DeFi transactions are recorded on a public ledger, making them transparent and tamper-proof. New Business Models: DeFi enables new business models, such as decentralized lending, borrowing, and trading, which can disrupt traditional financial industries.
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Eazi🎩🔵⚡ pfp
Eazi🎩🔵⚡
@eaz
Challenges to Traditional Finance: DeFi poses challenges to traditional finance, including: 1. Competition: DeFi platforms and protocols compete with traditional financial institutions for customers and market share. 2. Regulatory Challenges: DeFi operates in a regulatory grey area, posing challenges for traditional financial regulators. 3. Innovation: DeFi's innovative approach to financial services forces traditional financial institutions to innovate and adapt.
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Saka🪙💸💣💲 pfp
Saka🪙💸💣💲
@nlanshi
Make I go buy jotter for this lessons
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Bobo🎩 pfp
Bobo🎩
@double999
Traditional finance relies on trust in institutions, while DeFi relies on trust in code. As adoption grows, we might see a blend of both worlds rather than one replacing the other.
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Double pfp
Double
@double377
The big question: will banks adapt or resist?
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Levi pfp
Levi
@ackerman01
DeFi is forcing TradFi to adapt, leading to a hybrid future where banks integrate blockchain technology (e.g., tokenized assets, CBDCs). While DeFi won’t replace TradFi overnight, it’s reshaping how finance works, making it more accessible, efficient, and transparent.
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Itachi🎭🍄🍖🎩🐐 pfp
Itachi🎭🍄🍖🎩🐐
@uchi-ha
alpha thread.
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Dexy 🎩 pfp
Dexy 🎩
@dexycash
Learning every day great thread. Learned something new
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Mike Stark pfp
Mike Stark
@bugri56.eth
Can i get a brief in the comments please?👀
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CollectorGrim
@lordgrimwood
Wow what a nice thread. I really love this. Keep.it.up
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Babatunde Dailass pfp
Babatunde Dailass
@biggtunchy
This right here is a good thread
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Tommy pfp
Tommy
@lxb1
Learnt a lot Thanks 😊
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John0xf pfp
John0xf
@john0xf
Yes DeFi impact Improved in Transparency.
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Codedbanks🎩🎭 pfp
Codedbanks🎩🎭
@codedfx
Thanks for this Gained more from the write up
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Iredia John pfp
Iredia John
@rodreissxxlv
Crypto is the future of humanity
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Bolu pfp
Bolu
@boluisbased
Great thread DEFI is the future of finance
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FORTUNE
@kayy9
We learn everyday Nice write up
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Barney👑 pfp
Barney👑
@barney
love the decentralisation in defi
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Somti🎩🍖🔵 🎭 pfp
Somti🎩🍖🔵 🎭
@somti52
Bitcoin, has established itself as the digital gold standard. As the OG of crypto, it benefits frm network effects and broad adoption.
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Steph Alexander🎭Ⓜ️🎩 pfp
Steph Alexander🎭Ⓜ️🎩
@saucekid1207
An interesting one fren....hope to see more
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