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70 - Facing the Frontier | Jim Bianco

Bankless

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Challenges and Opportunities in Decentralized Finance

This chapter explores the inadequacies of the traditional banking system and the transformative potential of decentralized finance (DeFi). It highlights the inefficiencies, high costs, and accessibility challenges faced by migrants in the current financial landscape while emphasizing the importance of a smooth user experience in DeFi. The discussion also addresses the generational divide in adapting to new financial technologies and the need for true decentralization to realize DeFi's full potential.

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