What is DeFi? A Beginner’s Guide to Decentralized Finance
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- เผยแพร่เมื่อ 3 มิ.ย. 2024
- Start trading Bitcoin and cryptocurrency here: bit.ly/2NI4xtF
DeFi applications - defipulse.com/defi-list/
DeFi is becoming more and more popular as the main use case for cryptocurrencies. This video explains in detail what DeFi is and what you should know about before getting involved.
0:38 Bitcoin and Our Financial System
1:24 Our Centralized Financial System
1:59 What is DeFi?
2:22 DeFi Components
4:16 - DAI explained
5:51 - DEXs explained
6:33 - Decentralized money markets
8:06 Money Legos
8:56 DeFi Advantages and Risks
10:02 Conclusion
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See anything we haven't covered? Leave us a comment in the comment section below - วิทยาศาสตร์และเทคโนโลยี
I’ve watched 7 of his videos back to back. This guy is everything to me right now. Thank you for creating this content. Super helpful!
Curious why you had to watch it 7 times?
@@engrtun I didn’t. Read the words in my comment slowly. I said “I’ve watched 7 of his videos back to back...” not “”I’ve watched this video 7 times”. That said I recommend that you read my comment a few more times back to back.
@@emiliopanzarino2628 🤣
@@emiliopanzarino2628 Don't chu dew thªyut
I think I'm 5 hours in at this point. And it quite literally all started with their first video what is bitcoin? This guy is so easy to listen to and the content is impeccably clear and concise. I find any questions that I have in a video if I just settle down and watch another video or to the question gets answered. Some of the best content on the interwebs.
If you are still new to defi, then start with WOWswap - this exchange will be easy to understand, and there are many tools for all occasions - farming, leverage trading, short.
Is there a trading terminal? I used to trade on binance and I'm afraid I can't figure out the other platform
You are ahead of your time and this video will bloom at 2025
What makes you say 2025?
I've did some research and I see history being made. Would quot some wise words but I'm so excited I can't remember any.
@@internetexpert8153 2025 will be the year of accomplishment
We are moving towards a different future
Covid accelerated tech 5 years ahead
Anyone have any tips on where to invest? Im trying to learn but im not sure what will be the best for future investments.
@@BristolMatt REEF,.MATIC
This channel is underrated.
You guys help explain a difficult topic and make it near stupid simple.
You know dagcoin please
I always keep watch on his channel
@@dicksonwright7096 Is not about watching videos and wasting time on strategies, I was ignorant doing so, I decided to try and ever since then he has made @14,000 on every $2,500 I invested
Seriously, all your videos deserve a million views.
This has got to be one of the best videos I've seen explaining cryptocurrency issues. I love how you set the pace and use helpful graphics and there's no background music. Pure professional education. I will be recommending your channel to others
Hi Nate! You have to know that your videos are SUPER HELPFUL and you are really awesome!!... I’m really grateful 🙏
You are a great teacher for sure, I can pay to learn, thanks for making such videos 😀🤗❤
How have I not found this guy sooner!?!?!? I've been searching for this for so long!! I'm so thankful and can't stop watching his videos!!
First time in my life clicking on the like button, and dropping a comment... Hats off !! Great content.
This man is a legend & tells everything in easy to understand terminology 👍
True, he also has an enormous head when compared to the width of his shoulders
This was the most fantastic explanation of DeFi! Thank you for the video, Nate! I’m adding this to a cryptocurrency basics playlist to share with some people I’m introducing to crypto. Keep up the great work!
Where can I see that playlist?
This video is worth watching! More of this, please!
Your videos are one of the most informative and simplest to understand on cryptocurrency I have ever seen. Thank you so much!!!
This is an excellent explanation. Very intuitive and logical structure. Good job!
I love the outtakes at the end. Amazing content, always! Big help.
Me too! Nate is cryptonerd hilarious. 😂
I'd given up on ever understanding this stuff, but these videos explain it all so clearly. THANK YOU !
Luv ya Nate. Your videos are so important to us. Great delivery, knowledge, information. Your series of education is really important in these days of change. Many of us really value your work. Thank you Nate.👍😄
Most understandful cripto related video i’ve ever seen. Well done! Keep it up!
fantastic video! Really appreciate the clear terms and context for some of the diff coins. Subscribing right now.
This video is more understandable... I'm enjoying watching it.
As usual, very clear and to the point - especially valuable when a complex topic like Defi is explained. Another video on Automated Market Makers and another on buggs in defi smart contract codes would be great to watch.
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Thanks for watching, for more tips on how to grow your portfolio message me.
W.h.a.t.s.a.p.p.
.+.1.7.6.0.2.6.2.4.2.4.5.💬
very clear channel, can't get enough
YOu guys are awesome.... I feel like you are the unbiased source of news for Crypto
it helps me a lot, thanks so much.. very precise explanation.. great job
Been doing a deep dive on DeFi this past week and your explanations are the most easily to understand so far.
Also I enjoy the bloopers, adds a touch of laughter in your videos :)
Finally, a proper tl;dr explanation. Thank you!
Thank you for this video - got a step further with some of these concepts and ideas...very useful and well explained.
awesome explanation
Probably one of the most under rated channel..👍🙏
Simple to understand . Very clear.
Great,very clear breakdown. Thank you
To be fair... You did a great job with your simple explanations! Now subscribed...
Me too
Ur contents are great always!
Great intro to Defi thanks
Excellent video. Thank you Nate and team!!
This is the first video from which I realized the central role of blockchain and cryptocurrency has on our future. I didn't say about a distant future, but a period of 5 to 10 years from now. Thank you for introducing such a complex concept in very plain language.
Hello! Awesome video. It was super helpful in explaining all the new DeFi Vocab i was looking for.
One tip - all of the video links you mentioned in your video with links - can you put them in your description in the future? I want to watch the other videos and had to scroll back through the video to find the links.
Thanks! You guys rock
Can u do a section on NFT's . Your clear way of explaining things are awesome nate !
Would love to know about NFT as well
He finally did one yesterday !!
Nft video would be awesome
This video provides a great introduction to DeFi for beginners, explaining the concept of decentralized finance in a clear and concise manner.
I really appreciate this. I've subscribed to your channel and I know I would get more videos like this from you.
Thank you Grace, I hope you will enjoy weekly updates.
Underrated channel, so many valuable videos
Love your vids brother great Explanations, how 2's and breakdowns !
Best dedicated video ever now i get it thankyou keep up the good work
I don’t think this could have been said better. I have been a HODLER for years now, and I am starting to get excited about Crypto again. I will keep up with your content. I appreciate the thought you put into explaining things in a clear simple way. Thank you!
Hi, are you still on crypto? Where's a good place to start?
Very informative. Thanks.
Thx for the great content. I’m using Arken Finance as Dex aggregator, would love to see u make a video about it.
Superb video. But I'd say the best thing to do is buying crypto and just storing it because if you want to trade with it, you could just loose it all just like I did.
Everyone has their reasons for either trading or just storing.I once traded crypto but sadly I didn't make any profit but I finally realized that I lost because I had no idea about cryptos before venturing in trading.
I think making investments in crypto seems to be the best move to make right now.
I know! But imagine getting paid in an APPRECIATING asset instead of one constantly losing value by design. Imagine saving without having to worry about how to invest. It's a great thing. I would enable the small man to build wealth instead of having it leached away and extracted my monetary policies.
Excellent. Thanks man for your DeFi information!
Very interesting to see the "side-effects" of blockchains and how many industries, financial or not, it's going to spin up in the coming years.
Awesome video man, as always
Good and clear discussion....thanks
Very clear and instructive, well done guys!
Thank You for explaining this clearly :)
Excellent video. Really appreciate all your research and efforts
Educational video. Thanks!
Thank you!!! Sending this to friends of mine who don't understand crypto and defi.
Great explanation, as a 15 year old I love how these videos are explained.
every single crypto explanation video: it is simple, ima break it down for you
me:
Unlike other videos about DeFi, this one right here is super easy to follow. Gonna share this on TORUM.
Thanks for sharing the future of money and explaining DeFi as easy as it gets.
Great clarity. thnx
Amazing video very clear! Thank you!
Very good video!! Thank you so much🔥🔥
A fully perfect and complete explanation.! Grazie from Italy
Thank you for creating this content. Super helpful!
Thank you. Keep spreading the word of decentralization!
I would love to see a video on margin trading for beginners. The difference between stop limit and stop market with risks for each. Also, if liquidation occurs - is it just the margin account? ie. are the main, and trading accounts protected?
Thank you so much for this video! Ended in this video cuz I was trying to understand the CashTech Defi App project my friend was recommending. This video helped a lot. Might invest into CATE.
Very well explained.
This video is very informative and explains in very positive manner
Well explained - Thank you!
Very clearly explained, thank you for sharing.
Thank you, great explanation. Can you tell me if you will have a video about the WOWswap platform? There is a lot of functionality there - farming, leverage trading... I would like to learn more from an experienced person
Saw Buterin's mom's tweet about wowswap, but never had a chance to look at it myselff
I liked the fact that I could get high returns without placing my crypto in liquidity pools and without fear of Impermanent Loss
Thanks for your outline
Thank you so much Imani, you can also watch our weekly updates.
Awesome . Thank you for such a great breakdown !
Thanks Nate
One of my best channel on crypto
Great content, thank you. Would love to see a deeper dive into the yield farming aspect of defi if you have time 🙏
You are not the real 99bitcoins. Shame on you impersonating this channel. Take your scam to another comment section.
Awesome explanation for beginners, thanks a lot
The only video on youtube i actually lowered the playback speed.
Amazing video, you've explained it perfectly.
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere??
Good video explaining the concepts clearly.
But my questions would be, the smart contracts created by Dapps would have to be so simple and also concise for them to work since they can not be changed once they are in place? Unlike traditional agreements forming a contract which can be agreed and varied between the parities. Also, who would write/create the smart contracts between the parties? The Dapps or the individuals themselves? If the individuals, then are they fully experienced and knowledgeable to do so?
Also there is a section which discusses purchasing insurance by cutting out the middle man or organisation. Does that mean you would be insured by another individual willing to provide this insurance? If so, is there not a risk that the individual offering to provide insurance, has sufficient funds to do so? Would you not rather have the backing of a larger company organisation for insurance?
Also, we need to remember that these larger companies were once a small company, that may have started off as an individual and then through successful business, has grown the business and employed more people and then eventually become this larger company they are now. Therefore why are reverting back to the grass routes and cutting these companies out?
Nice content ,fos beginner s, thank you! We will continue to learning
Thanks for educate us. Respect and appreciation
Always GREAT vídeos. Thanks a bunch! From Brazil.
Very clear, subscribed
Thanks for being very helpful! This really helped me understand more what is Defi, and how Coin Fantasy will be implicating this on their platform.
Super valuable Decentralized Finance guide
The bloopers were funny at the end lol Awesome content btw 👍👍👍
Awesome video! I feel like I finally understand DeFi lol!
Thank you. Great videos!!!
Great Explanation. Thank you
Pls also talk about ChainLink and its advantages when you have time. Thanks a ton
Great explanation, I like your hair too
Oh nice video. Thanks for sharing!
Thank you. I am all in! Greetings from Finland
excellent explanation and overview.. in real plain english...thank you man..!!!
man, I really hope you're a multi millionaire by now! you were on this so early!! great explanations too btw
excellent video and lots of information. How do you feel about DEFI platforms that organize investing alternatives in real economy assets like construction projects and do so thrugh trusts? Aren´t these kind of alternatives negleting the use of smart contracts and going through normal contratcs?
thank you so much for this valuable content.
your videos are amazing keep it up