
ParaFi’s Ben and Santiago: DeFi Is A Complete Redesign Of The Financial System
The Delphi Podcast
00:00
Evolution and Convergence of DeFi and CFI
Exploration of the merging paths of decentralized finance (DeFi) and centralized finance (CFI), discussing the benefits of DeFi in terms of cost efficiency and faster solutions, and the potential for CFI to incorporate DeFi technologies for improved efficiency. The chapter also delves into the impact of DeFi on traditional financial institutions, emphasizing the advantages of DeFi in terms of cost of capital and surplus creation for consumers.
Transcript
Play full episode