/biz/ - Business & Finance

>>28827829
>I think that there’s basically two cases for how this evolves. Theres a fast case and there’s a slow case. The slow case for DeFi is actually what we’re experiencing now, as unbelievable as that sounds going from something like 20 billion to past 40 billion this month probably, basically more than doubling in something like six weeks, is the slow case and it is the slow case because first of all there is over 1.4 trillion dollars in crypto currency value that is still not in DeFi. There is only 2.5, 2.6 percent of the crypto value that could be in DeFi within DeFi, so that means there is a much much further, further way to go. The slow case is really defined by the continual kind of slow failures and flash points of wallstreet bets, robin hood, gamestop, these types of things. Like this saga of people not being able to do what they thought they could do in an existing system will continue to mint greater and greater amounts of people that flow into the blockchain and the DeFi ecosystems as users that are willing to take the friction of using DeFi in hand, and overcome it in order to get the better yields and get the guarantees they are so sorely missing in the traditional financial system.