Yeah, DeFi is not so decentralized as they proclaims they are  At the moment, a good technology in its base has finally turned into an exclusively speculative tool for me. When the pumping of tokens is over and the hype passes, we will be able to see which projects create real value and continue to develop, and which will die as quickly as it recently happened with the YAM project.

The idea behind DeFi is quite good, and I am considering this to be an evolution of the cryptocurrency movement...hitting where it should be going and that is the finances of the people. However, as in anything man-made nothing can be perfect, and we know that humans (investors or token buyers in this case) can be greedy thus DeFi is now known to be a way to make good money. I am seeing some resemblance with the ICO beast in 2017, but I am hoping that things will not go sour with DeFi as this has really a good potential to be empowering many people.

it seems that DeFi is in great demand now, many people have looked at DeFi such as YFI, Polkadot. I am sure Defi like Polkadot will continue to grow and be a good investment

I fully agree. This DeFi beast has the potential to go beyond what the ICO phenomenon in 2017 and this time around there are many good DeFi platforms that can be performing the way they promise to be doing. And that is a good thing, to say the least. DeFi is indeed defying the traditional finance as we know it, then I am expecting further scalability and variance in terms of what they are offering to the public. But we should be warned that not everything can be walk-in-the-park with anything so there can be some challenges and problems to be encountered soon.

+1 👍 Thanks for the information. This is a risk that must be faced by bounty hunters because BM the crypto has red trust. don't expect much for the bounty, just make it a hobby or a side job

Indeed, you are telling the truth. As bounty hunters, we have no control of any project, and we can never 100% ascertain if the team of any project are just fooling us. Sadly, up to now, we are part of an industry that has become the mecca of many creative scammers, hackers, phisers and all those who are in between. In fact, I am assuming that we can never go away with scams completely as it can be so easy these days to put up a project for the sake of enriching someone's pockets with evil means. This is not the first nor will be the last...sad to say.

I am sure that this is just the beginning of the tokenization movement which can allow many good firms to accept more capital using a non-traditional method. What Aspen represents is not just their own business or company but an opportunity for other business organization to also seek the same opportunity in the world of cryptocurrency and investment, and at the same time a good opportunity for small investors to put money into something they trust and have confidence with. Will there be an influx of companies to also the same thing what Aspen is doing? Let's wait and see.

We all do appreciate the many things that Jack Ma has brought to the world of business specifically e-Commerce and now with so much money at hand they can easily venture into many new things including the use of the blockchain to further their business. I am sure that many people will be welcoming this biggest IPO  in the history. Jack Ma is the man and is the inspiration of this group.

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The way things are going right now, there is a big possibility of a correction so maybe BTC can go low towards the $11K zone and stay sideways before we can expect it to go back and explore the $13-15K levels. I still believe that we are not bearish at this stage. Though I am alarmed reading the news that there is a huge movement of Bitcoin going to many exchanges which can signal that big holders can be readying the possibility to sell, and this can surely affect the direction of the price of Bitcoin. Let's continue watching and see where BTC can be landing in the next few days.

After more than 10 years in existence, we can still consider Bitcoin to be a newbie though considering that we are now in the fast=paced technology kind of society this should have been not the case. Bitcoin is attracting many solid players and I think it is here to stay and will not be succumbing to competitors in the near future but it has to be adopting to many challenges ahead.

So what are the things that hindered BTC to be adopted by as many people as possible. This is just my opinion, please be warned. One factor is that many people are turned off by the complexity of using cryptocurrency. This must be looked on fair and square. People should be using cryptocurrency as easy as using PayPal, though how this is going to be accomplished can be debatable. There are now a good deal of progress on this regard, but they are mostly niche-based and not yet generally accepted.

Another factor that turned off many is the existence of scams, hacks and frauds all over the industry. Sadly, there is nothing concrete we can do on this except to educate as many people as people, sadly though that even the most educated in crypto can still be victimized.

Of course, the role of the government should not be overlooked. Bitcoin is not officially recognized in China, India and Russia where a huge number of people are located, though we know that many residents of these countries are secretly holding Bitcoin.