Opportunities & Dangers of DeFi

September 1, 2022 8 min read

This is Part 1 of a longer post. Hopefully worth the read whether you are completely new to the decentralized finance (DeFi) concept, or already have a decent understanding of how the sector works. In Part 1, I will sell you the idea of DeFi by pointing to some of the conventionally mentioned advantages DeFi holds over traditional finance (TradFi). Then I will add in my philosophical inputs. Towards the end, I will offer my take on a Crypto Investing 101 course to prepare you for an in-depth view of how DeFi is used to generate income in Part…...

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Tobias Jensen I rely on my legal background and writing skills to make substantial research and thoughtful essays on a range of technology-related topics. While the tech world is blasting through perceived limits on a regular basis, I am not going to be the type of lawyer who stands idly by. I write about AI, digital assets, Big Tech, Web 3.0/the metaverse, privacy, and much more. I break down complex topics - topics that are otherwise hard to grasp and gather accurate information about - in a light-hearted, simple-to-understand manner. Beyond exploring individual concepts to gain knowledge, my overall mission is to dive deeper into the gap between technological trends and basic human rights, sociology, and psychology.

DeFi

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