I have been saying this for a while: DeFi depends on CeFi (Centralized Finance). Coinbase depends on people connecting their bank accounts or credit cards to fu

I have been saying this for a while: DeFi depends on CeFi (Centralized Finance). Coinbase depends on people connecting their bank accounts or credit cards to fund their accounts. Coinbase's value was created through an IPO on the NYSE - the mecca of centralized finance...