Defi is a pool of sharks, any ordinary person who wanted to join this space will need to learn how to swim with the sharks first. Good sharing, I learnt a lot from it.
It got me thinking, can a DeFi truly be decentralized? Can we really leave it up to the people to decide for themselves? Will there be more fraudulent activities if it's fully decentralized without any centralized exchange? What's your take on this?
To be honest, crypto adaptation is far away than we think. A bunch of people are joining at this crypto space everyday just because they've heard someone's success story! We just have to educate them properly.
Security is the main issue for now, then yeap, centralised exchanges can play a vital roles to protect their users because end of the day, they need users to grow & they have to fullfil the demand of users.