Can Finance Truly Become Trustless With DeFi? [Chills 74 with Raphael Ng]

Would you rather trust a human or an algorithm with your money? DeFi, also known as decentralised finance, aims to eliminate the need for middlemen like banks in our financial transactions through blockchain technology. In recent years, there has been much enthusiasm in the DeFi space with many investors earning astronomical returns (some have also lost a lot). But practically speaking, is DeFi actually feasible in the real world, or is it better off as a theory instead?

Sharing his expert opinion on DeFi is Raphael Ng, a fund manager from conservative currency algo fund Salzworth Asset Management. This episode will make you think about the real implications of DeFi as Raphael talks about its pros and cons and the ultimate question: will DeFi take over traditional finance?

Learn more about our guest Raphael: https://bit.ly/3xw9zxz
Still not sure what DeFi is? Listen to this TFC Chills episode on DeFi: https://spoti.fi/3xi5gEY

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