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I read HN a lot but had to look up DeFi - decentralized finance - eg Bitcoin etc for all those who also didn’t know.
by liketochill 5y ago
I read HN a lot but had to look up DeFi - decentralized finance - eg Bitcoin etc for all those who also didn’t know.
- jstx1 5y agoBitcoin and many other cryptocurrencies don't fall under DeFi. DeFi platforms need to be able to execute smart contracts which Bitcoin can't do. The biggest DeFi 'platform' is Ethereum but there are a bunch of others too - https://en.wikipedia.org/wiki/Decentralized_finance https://en.wikipedia.org/wiki/Decentralized_finance