If you haven't been keeping up with current events, the US government, namely banking authorities, is attempting to outlaw Bitcoin and cryptocurrency, and they are succeeding.
I mean, I can't blame them, especially given DeFI's rapid growth in only a year; people are discovering every day how badly banks and FIs are ripping them over and benefiting from their assets.
I also can't blame these authorities for acting this way since they will lose their positions if Defi takes charge. Instead of putting your money in a savings account, you may now stake it on platforms like Bonded Finance and earn the greatest annual percentage yield in the industry.
Other systems, such as Maze Protocol, are pioneering, having developed a zero-interest money market based on a liberalized interest-rate pricing mechanism. Despite all of the false information that officials are disseminating,
I'm pleased that defi is gaining more media exposure so that others may learn about its benefits and investigate it.
No comments:
Post a Comment