Mike Novogratz: DeFi will win

[TomPluz]

DeFi will win because it’s better and more transparent than banks – Investor Mike Novogratz.

The battle between DeFi and banks is heating up, and supporters on both sides are getting more aggressive. Banks are startled by the rise of crypto-based Decentralized Finance that seem to have challenged their business models to a point of existential risk. As expected, governments are on the side of the banks, but the people are for DeFi.

Source: https://www.cryptopolitan.com/defi-better-and-more-transparent-than-banks/


There is no question that despite the current dip of the market, the interest by many people and even investors on Decentralized Finance remains to be strong and solid. And I think that despite many changes in the market, this solid interest can continue for many years to come as more and more are realizing  that banking can be on their own hands and we have to admit the profit is also here.

[TheFeniks]

But not the current defi systems. More fair and decentralized defi platforms will welcome us in the future.