How money actually moves in DeFi
Day 2 / 90
What DeFi actually is (and what people misunderstand)
Most people talk about DeFi as “finance without banks.” But that’s not wrong, but it’s incomplete. DeFi is better understood as financial software that settles value without asking permission. That difference matters more than it sounds. In traditional finance, trust lives in institutions. Banks, brokers, clearing houses, regulators. In DeFi, trust is pushed into code, incentives, and market structure. You’re not removing trust. You’re relocating it. Every DeFi protocol is answering the same ...
What DeFi actually is (and what people misunderstand)
Most people talk about DeFi as “finance without banks.” But that’s not wrong, but it’s incomplete. DeFi is better understood as financial software that settles value without asking permission. That difference matters more than it sounds. In traditional finance, trust lives in institutions. Banks, brokers, clearing houses, regulators. In DeFi, trust is pushed into code, incentives, and market structure. You’re not removing trust. You’re relocating it. Every DeFi protocol is answering the same ...
My 2025 web3 experience
This year 2025 , I decided to take web3 seriously
