As the industry evolves and addresses challenges like hacks, the overall ecosystem will keep improving with time. Both DeFi and CeFi have valid places in the cryptocurrency movement. They offer attractive yields, faster transactions, and infrastructure that promotes more open finance. Both of these visions will improve are key drivers for financial inclusion, which is the overall goal of most financial applications.

So, whether your preference is for DeFi or CeFi, the innovations will almost certainly mean the end of traditional banking as we have come to know it. However you look at it, it’s still a net positive for everyone