TradFi in simple terms🙂👍
Imagine the world of money is two neighboring playgrounds:
Crypto playground (DeFi): Here kids trade toys and coins among themselves directly, without adults. Everything runs by clear rules written in a magic book (the blockchain).
Regular playground (TradFi): This is a place where there’s a «Main Adult» — the Bank. Only it decides who gets a candy, where to store your pocket money, and how to transfer it to your grandma.
#binance #tradfi #binanc
Imagine the world of money is two neighboring playgrounds:
Crypto playground (DeFi): Here kids trade toys and coins among themselves directly, without adults. Everything runs by clear rules written in a magic book (the blockchain).
Regular playground (TradFi): This is a place where there’s a «Main Adult» — the Bank. Only it decides who gets a candy, where to store your pocket money, and how to transfer it to your grandma.
#binance #tradfi #binanc
