What is the problem with DeFi?

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM 

DeFi = Decentralised Finance

DeFi is an abbreviation for Decentralised Finance. As a retail investor you may be attracted to some of the amazing investment returns on offer in the DeFi space. However, it is very important to remember that DeFi is totally unregulated and many projects are run by teams who are anonymous. In this video, I discuss some of the problems with DeFi.

After you have watched the video, please let me know your thoughts about the DeFi space in the comments under this post or under the video on YouTube.

I believe that with Cryptocurrency regular people have the opportunity to change their financial future within a 3 -5 year timespan. That is why I am so passionate about the sector.

Next Steps

Are you invested in any projects in the DeFi space? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.info

 

You can also earn interest on the Crypto you hold from BlockFi.

Visit https://blockfi.com/mikepitt to get started.

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My aim with each blog post is to help you move to a better financial future. I believe that there is not enough financial education in the national curriculum and I intend to share anything helpful that I have learned along the way. I am by no means a financial expert. None of the information on this website constitutes financial advice and is provided as general information only.  This is my personal finance blog; my marketing blog is over here and I have been blogging there since 2010. I hope you have found this information useful. Thank you for reading.

Best regards,

Mike