What is DeFi? A Beginner’s Guide to Decentralized Finance
99Bitcoins 99Bitcoins
708K subscribers
909,378 views
0

 Published On Sep 7, 2020

Start trading Bitcoin and cryptocurrency here: http://bit.ly/2NI4xtF

DeFi applications - https://defipulse.com/defi-list/

DeFi is becoming more and more popular as the main use case for cryptocurrencies. This video explains in detail what DeFi is and what you should know about before getting involved.

0:38 Bitcoin and Our Financial System
1:24 Our Centralized Financial System
1:59 What is DeFi?
2:22 DeFi Components
4:16 - DAI explained
5:51 - DEXs explained
6:33 - Decentralized money markets
8:06 Money Legos
8:56 DeFi Advantages and Risks
10:02 Conclusion

For the complete text guide visit:
https://bit.ly/2R35g6Z

Join our 7-day Bitcoin crash course absolutely free:
http://bit.ly/2pB4X5B

Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:
http://bit.ly/2BVbxeF

See anything we haven't covered? Leave us a comment in the comment section below

show more

Share/Embed