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RE: DeFi Is Going To Change All Of Finance

in LeoFinance4 years ago

I just had a conversation about this with someone the other day. They were stating that they don't get it and they don't understand the point right now. I told them to think a couple years down the road when crypto is more common and there are more ways to move between them that require liquidity. Then it starts to come into focus. Then if you expand it out to doing the typical banking things we do today you can really see the power of it.

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Certainly. It is akin to trying to understand the internet before the web browser. We are still in the process of constructing the infrastructure and making a new system. It will take some time. The stacking and filling of one's bags is going to provide the needed resources to fund the DeFi ventures.

Posted Using LeoFinance Beta

Yeah, having lived through all of that I can understand people's hesitation. Hopefully they work through it and don't miss out.