What is DeFi, and could it upend finance as we know it?

What is DeFi, and could it upend finance as we know it?

The crypto industry wants to upend the giants of finance. And they have a word for their revolution: “DeFi.” After a litany of crises and scandals in traditional finance, legions of computer programmers decided to throw their hat into the ring, creating new infrastructure that took banks and other institutions out of the equation. Anyone …

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