How DeFi will change the world?
I'm curious about the potential impact of DeFi on the global financial system. Specifically, how will it revolutionize the way we transact, borrow, lend, and invest, ultimately leading to a significant transformation in the world's economy?
Are cryptocurrencies a financial innovation?
Could you elaborate on whether cryptocurrencies truly constitute a significant financial innovation? Some argue that they merely represent a digital alternative to traditional currencies, while others claim they herald a revolution in the financial sector. What are the key factors that indicate whether cryptocurrencies are indeed a financial innovation? Do they offer unique benefits that traditional financial systems lack? Or are they merely a novelty that will fade over time? I'm interested in hearing your perspective on this ongoing debate and the implications it holds for the future of finance.