• In the fourth episode of Hashing It Out podcast series, Cointelegraph’s Elisha Owusu Akyaw discussed the evolution of decentralized finance (DeFi) with DeFi Dad, a DeFi educator and investor at Fourth Revolution Capital (4RC).
• DeFi Dad got into the cryptocurrency industry in 2017, and doubled down on crypto with a specific focus on decentralized finance after the bull market top in early 2018.
• He showed the difference between decentralized applications and centralized applications like FTX, which he calls a bank, and highlighted the trustless nature of DeFi.

In the fourth episode of the Hashing It Out podcast series, Cointelegraph’s Elisha Owusu Akyaw had the pleasure of discussing the evolution of decentralized finance (DeFi) with DeFi Dad, a DeFi educator and investor at Fourth Revolution Capital (4RC). DeFi Dad is a thought leader in the DeFi space and is highly respected for his in-depth knowledge and expertise.

DeFi Dad got into the cryptocurrency industry in 2017, and his enthusiasm for the digital asset class has only grown since then. After the bull market top in early 2018, DeFi Dad decided to double down on crypto and focus his attention on decentralized finance. His passion for DeFi then developed into somewhat of an addiction, which led to the creation of a series of educational videos to onboard new users into the space.

The DeFi content maker describes decentralized finance as money-related applications which are permissionless, trustless and without geographic limitations. He highlighted how DeFi is different from traditional financial systems, and the trustless nature of DeFi. He also showed the difference between decentralized applications and centralized applications like FTX, which he calls a bank. He emphasized that FTX was a bank that specialized in handling crypto, and unfortunately, it turned out that they didn’t even operate and uphold the terms of services one would expect from a bank.

DeFi Dad believes that from a regular user’s perspective, the latest issues have made a convincing case for DeFi. From an investor’s perspective, DeFi continues to develop despite the crypto market turmoil. His investment company had received more and more inquiries from investors who wanted to get involved in DeFi projects.

Overall, the discussion was highly informative and educational. DeFi Dad’s expertise and in-depth knowledge of the DeFi space is truly incredible, and Cointelegraph is proud to have had him on the podcast series. We look forward to hearing more from him in the future.

Von admin