What is DeFi? What Does Decentralized Finance Actually Mean?

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What is DeFi? What Does Decentralized Finance Actually Mean?

Watch aantonop Video: What is DeFi? What Does Decentralized Finance Actually Mean?.
In order to understand decentralized finance, first we need to understand finance. Andreas explains both in this video.

0:00 How do you define decentralized finance?
0:26 What is finance?
1:22 Change or Yield
4:08 Finance itself is somewhat decentralised
5:42 These problems can be solved with cryptocurrencies

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