What is decentralized finance, or "DeFi"? These projects provide basic financial services, such as lending, investing, saving, etc. in a decentralized fashion. But how decentralized are DeFi projects? And how do they compare to traditional, centralized, finance?

Chapters
00:00 DeFi explained in laymans terms
00:27 How decentralized is DeFi?
02:11 Decentralized finance vs centralized finance
02:48 DeFi can only fail by becoming CeFi

This question is from the bonus Q&A session on DeFi, which took place on May 16th, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon:   / aantonop  

Related Videos:
Outside the Golden Cage of Banking -    • Outside the Golden Cage of Banking  

** Socials, Books, & More **
Website: https://aantonop.com
Twitter:   / aantonop  
Facebook:   / andreasmantonopoulos  
Insta:   / amantonop  
LinkedIn:   / aantonop  
Amazon Author: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andrea...

Music: "Unbounded" by Orfan (  / grassfedbitcoin  )

Don't forget to SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications.

Thanks for watching!
Join the aantonop Channel: https://aantonop.io/joinaantonopyt