The New Normal

Banks should be scared. Say Hi to DeFi - THE NEW NORMAL EP. 12


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Financial services have helped people get rich for centuries. Traditionally, these services are reserved for the financial elite. This is all about to change with the creation of Decentralized Finance. Now what exactly is this? Well…you’re about to find out.

MacNCheeasy and Jesse Friedland break down this crypto topic so anyone can understand in THIS WEEKS episode of The New Normal.

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Timestamps:

00:00 - Intro

01:33 - Congrats to Austin
03:12 - What is DeFi?
07:15 - DeFi vs Centralized Finance
12:48 - Lending & Borrowing
19:31 - Decentralized Exchanges
27:07 - Risks and Upsides of DeFi's innovative tech
32:14 - Will DeFi replace the banking system?
37:04 - Closing thoughts

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The New NormalBy The Incubator

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