Cryptocurrency Q&A Is Bitcoin a DeFi?

Is Bitcoin a DeFi?

Stefano Stefano Thu Nov 21 2024 | 7 answers 1693
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? Is Bitcoin a DeFi?

7 answers

Tommaso Tommaso Sat Nov 23 2024
Currently, Bitcoin is beginning to carve a niche in the realm of decentralized finance, or DeFi.

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Silvia Silvia Sat Nov 23 2024
Bitcoin, which has been viewed as the forerunner of digital assets for a considerable period, is undergoing a transformation.

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Carolina Carolina Sat Nov 23 2024
Its initial role as a mere store of value is gradually being expanded.

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EthereumEmpireGuard EthereumEmpireGuard Sat Nov 23 2024
Despite this evolution, Bitcoin's fundamental principles of decentralization, security, and stability remain unshaken.

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CryptoPioneer CryptoPioneer Sat Nov 23 2024
These core attributes continue to be its defining features in the digital currency landscape.

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