Banking vs. DeFi The amount of loans borrowed and lent through DeFi is continuously increasing—and will keep growing. Because it’s better. Interest rates on borrowed funds are lower. Interest rates on lent funds are higher. Unlike banks, not all DeFi protocols are copies of each other—we can distinguish between them and choose the best. And most importantly: Competition. DeFi has competition; protocols must constantly improve to survive. This is what drives the sector forward. Banks can’t do this because they’re controlled from the top by central banks— every move is regulated, and the risks they can or cannot take are strictly defined. As a result, they end up producing clones of one another. In 10 to 15 years, we won’t need to visit banks at all. #DeFiForEveryone DeFi for everyone.
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