I have already commented on other occasions about the explosion that is being experienced with Decentralized Finance (DeFi) and how the acceptance of the crypto-enthusiastic public in general is increasing. The massive adoption of many of its platforms, its applications and its contracts has launched a company different from what is known and may even emerge as a direct competitor of Bitcoin to follow this overwhelming step of DeFi's tokens.
We see how investment in the DeFi world grows above $ 8.00B and this does not seem to stop. The reason for many is to get an opportunity to invest and win, and DeFi's lend themselves to being the ideal scenario in achieving this simple goal.
And it is this growth that is generating a great change in the crypto world, and the greatest example we see in the Asian giant. This lawsuit has seriously affected several centralized exchanges. In the article on the bitfinances portal entitled "The DeFis begin to affect the Chinese Exchanges" he clarifies the form and reasons for this migration and how yeild farming is ruling as an activity in the DeFi world.
But we certainly see a clear example of the next fight that will be developing in the cryptographic world is the battle of the centralized against the decentralized, of how users begin to be aware of what it means to have control of their resources and how they can express yourself the concept of financial freedom.
All this begins to show another presedent more of how they are going to do things, of how the struggle of ideas will be, with a confidence measured by the volume of financing that is had. We will not wait long to see alterations that confuse the crypto-enthusiast population and for this a lot of education and judgment will be needed when it comes to knowing which direction to take.
Bitcoin (BTC) will continue to dictate the pattern, if it goes up, all the alt's will go up including the DeFi's and if it goes down everything will go down. When this symbiosis is broken, we will be facing the fight of two colossi, BTC vs. DeFi's.
For now, the latter are beginning to dominate, make use of, and prepare and educate everyone about adoption, something that BTC and the alt's have achieved little.
China has already started and the massive use of DeFi is a clear call to BTC and the alt's. We must begin to read these lines well because this is the future we are going to have.