DeFi vs CeFi? Explained by a Finance Guy.
Decentralized Finance vs Centralized Finance, what are they and which one is better?
In this video, I'll break down from the top, what is traditional finance spanning banking, insurance, trading and payments to give context to then explaining what is DeFi and CeFi. There are four parts to DeFi: BlockChain, Assets, Protocols and Applications, and CeFi shares many of the attributes. So which one should you choose if you are a newbie? Watch through till the end to find out!
