IMG-LOGO

Will DeFi become mainstream?

bitcoinflood - 2024-11-16 15:27:51


We all know that trump (well his family) launched their own crypto exchange platform. But that platform is actully suppose to be center around DeFi. Now personally I'm not 100% convinced that any of this id being done out of the goodness of anyone's heart and instead is being done to further build wealth in the family and honestly I can't blame them if that's the motive behind it all.


Now the good thing about this is it could end up paving the way for DeFi to be adopted on a mass scale. But DeFi for the most part still needs to constantly keep their security under wraps as it's been plagued by major hacks of the past which really turned investors off and honestly are not a good look or thing at all no matter how decentralized you want to get about it.


It's also proven that CEX centralized exchanges are still doing very well and that DeFi is still just a very small faction of the overall trading volume that goes on. This might mean that DeFi is currently the underdog and could be a great investment for the future.


*This article is for entertainment purposes only and is not financial advice.