URL details: ayzenshtat.com/portfolio/what-is-de-fi
URL title:
What is De-Fi — Esphir Ayzenshtat
URL description:
Right now, most of the world uses CeFi — Centralized Finance, and what that
means is that there is a central authority that controls the flow of money.
That authority usually comes in the face of Banks and Governments; they are
in control of your money. They have the power to print more of it, and in
some cases, hyperinflation, or print less, causing deflation. They can stop
you from taking out a loan, or a mortgage or, in some cases, prevent you
from opening up a bank account.
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