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Banking without Banks: Decentralized Finance is Coming

Azeem Azhar's Exponential View

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The Fourth Reason Why Defiis Going to Be Important

The amount of counterparty risk that people think they have now is, in my opinion, orders of magnitude larger. Once again, for the first time in history, you don't need to walk down the road and get another paper agreement with the same a, you know, brand based guarantees. What's your fourth reason why defiis going to be important? People think they have what defi does, but they don't. This is why i'm pretty much sure that all of this is actually going to be something that society as a whole demands.

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