> Decentralized Finance (DeFi) is almost completely transparent - all major smart contracts are open source and all transactions are made in public. Which gives

> Decentralized Finance (DeFi) is almost completely transparent - all major smart contracts are open source and all transactions are made in public. Which gives people a lot more trust in the system as they can see what is going on. Yet we have an almost endless list of people being cheated out of their money (countless stories of people/exchanges losing their private keys, pump and dump schemes left and right, not to mention the lawsuits against Tether)