DeFi Comparisons Misunderstood
David expresses frustration over the common misconception that Bitcoin represents the pinnacle of decentralized finance. He argues that a more accurate comparison lies between DeFi applications and their centralized counterparts, like traditional lending platforms. By highlighting real estate tokenization within DeFi, he illustrates how even companies with certain trust elements can still operate within the decentralized finance ecosystem.In this clip
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Bankless
6 - DeFi Trust Spectrum
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