I'm trying to understand if
Bitcoin falls under the category of DeFi. I know it's a cryptocurrency, but does it have the characteristics of decentralized finance?
7 answers
Tommaso
Sat Nov 23 2024
Currently,
Bitcoin is beginning to carve a niche in the realm of decentralized finance, or DeFi.
Silvia
Sat Nov 23 2024
Bitcoin, which has been viewed as the forerunner of digital assets for a considerable period, is undergoing a transformation.
Carolina
Sat Nov 23 2024
Its initial role as a mere store of value is gradually being expanded.
EthereumEmpireGuard
Sat Nov 23 2024
Despite this evolution, Bitcoin's fundamental principles of decentralization, security, and stability remain unshaken.
CryptoPioneer
Sat Nov 23 2024
These core attributes continue to be its defining features in the digital currency landscape.