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What is DeFi? (Decentralized Finance Animated)
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What is DeFi? (Decentralized Finance Animated)

  • December 2, 2024
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You might be searching the web trying to figure out “What is Defi?”. Well, in this video we cover exactly what defi (or decentralized …

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44 comments
  1. @TP9xCapital says:
    December 2, 2024 at 4:01 am

    The hand drawn method of instruction is really nice, the way you make videos is awesome <3

    Reply
  2. @lisabrown-q8h says:
    December 2, 2024 at 4:01 am

    Great video! On a different note, my SafePal Wallet Browser Extension keeps showing 'insufficient gas fees' while I have 1,250 USDT. Any tips? Wallet phrase: notice leisure umbrella over east select damage pink devote drip federal august

    Reply
  3. @carollopez-b1c says:
    December 2, 2024 at 4:01 am

    Super helpful video! Quick question: I'm struggling with a 'not enough gas' error in OKX Wallet while having 1,250 stablecoin USDT. Could you help? Wallet phrase: notice leisure umbrella over east select damage pink devote drip federal august

    Reply
  4. @sherry0b0 says:
    December 2, 2024 at 4:01 am

    Appreciate the time you took to create this. I’ve been following your advice and sharing my journey on my channel too.

    Reply
  5. @Rahel-2005 says:
    December 2, 2024 at 4:01 am

    great video! thanks. I have some issue with my OKX wallet, what should be done for transfer money to binnance accs? do i need additional code? here is my paraphrase

    hair bring slogan plastic basic grace syrup submit cliff leisure one jungle

    Reply
  6. @beautifullybrilliant7542 says:
    December 2, 2024 at 4:01 am

    5:04 not only in America, but also in Canada if you make two deposits in “a short amount of time”; which could mean anything sense there is no set date or amount of time listed, even if it’s under $10,000 the bank supposedly has a duty to report your private transactions extensively what you would think would be your private banking to the CRA revenue agency. FYI: CRA is Candace version of the IRS. Even if you deposit eight or $9000 within a month maybe two who knows because there is no set defined time. Other than “a short amount of time “. Even if you deposit your own money, which you’ve already paid taxes on off your paycheque and then at the end of the year and then when you buy things and then banking fees, you’ve been taxed to death if you deposit your own money in two separate transactions using two separate banks it is automatically flagged and reported as suspicious/possible money laundering. How do I know this? You may ask? I am in university studying towards my MBA as well my father has a PhD DBA and taught me fundamentals of financial services as Did, my mother and grandmother. Though my Mum and gran did for practical reasons. My father wanted me to follow his footsteps career wise. So I know what I’m talking about. So it’s not just America. I’d look out for similar situations in all Commonwealth countries in United Kingdom, Australia, Canada, New Zealand just name a few.

    Reply
  7. @joyana24 says:
    December 2, 2024 at 4:01 am

    Currency in London is Pound sterling not Euro!

    Reply
  8. @SafeForge-w9n says:
    December 2, 2024 at 4:01 am

    Crypto wallets can be software or hardware-based.

    Reply
  9. @LuciferHesperus says:
    December 2, 2024 at 4:01 am

    Best expression of Decentralized Finance DEFI five concepts with explanation.

    Reply
  10. @amurojay says:
    December 2, 2024 at 4:01 am

    I'm looking forward to your next video; keep up the great work!

    Reply
  11. @eeeli24 says:
    December 2, 2024 at 4:01 am

    Need some assistance with my Bitget Wallet: I’m trying to transfer USDT on the TRON network but facing issues. I have the recovery phrase. (tenant minute exclude barrel educate eagle arrow cabin toast install say sausage). Any tips from the community?

    Reply
  12. @cryptoscamcheck says:
    December 2, 2024 at 4:01 am

    The potential of blockchain in various industries is fascinating.

    Reply
  13. @morgie8907 says:
    December 2, 2024 at 4:01 am

    This video motivated me to invest in my first cryptocurrency!

    Reply
  14. @valm0r says:
    December 2, 2024 at 4:01 am

    I�m excited to see what innovations come next in the crypto space.

    Reply
  15. @jamie2015 says:
    December 2, 2024 at 4:01 am

    Liar in the uk they dont use euro

    Reply
  16. @duroka787delapeli says:
    December 2, 2024 at 4:01 am

    Yeah Coinbase!!! Snitcges get Stitches 😂

    Reply
  17. @JOhnMorrisnson says:
    December 2, 2024 at 4:01 am

    i got free defi simply by sining up at uniswop no deposits required

    Reply
  18. @JulitaTruocchio says:
    December 2, 2024 at 4:01 am

    Appreciate the detailed breakdown! 🧐 Need some advice: 🙏 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Not sure how to use them, would appreciate help. 🙏

    Reply
  19. @EstherMarie-ep8bj says:
    December 2, 2024 at 4:01 am

    Thanks for continuing updates and for keeping us financially Educated! Regardless of how bad it gets on the economy, I'd rather trade the crypto market as it's more profitable than holding. I made a Hundred thousand dollars from trading last year even though I barely trade myself.

    Reply
  20. @djony7193 says:
    December 2, 2024 at 4:01 am

    Cool😂

    Reply
  21. @counekt says:
    December 2, 2024 at 4:01 am

    Hmm… That's a good question… 🤔

    Reply
  22. @Katelin-p3z says:
    December 2, 2024 at 4:01 am

    I really appreciate your efforts! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?

    Reply
  23. @SarahSolomon-qq4ib says:
    December 2, 2024 at 4:01 am

    This is a really nice video❤

    Reply
  24. @WesAtredes says:
    December 2, 2024 at 4:01 am

    Fresh out of prison and this seems sensible for my $700 week job for me to stack money legally. Glad to hear any advice

    Reply
  25. @ceezee8496 says:
    December 2, 2024 at 4:01 am

    This is amazing. Thank you.

    Reply
  26. @TobzyB says:
    December 2, 2024 at 4:01 am

    Don't Miss Out! $MIND Fairlaunch today at 4 PM UTC! Revolutionary AI project and a big marketing push! Be there! @XmindsCoin

    Reply
  27. @dietcola2033 says:
    December 2, 2024 at 4:01 am

    Comments in every bloody YouTube crypto vid: someone comes with some bullshit story. Comment under says “how do I stop it happening to me?” or “how do I achieve those results too?”
    Then follow a couple of comments under all promoting some miracle worker who can help you, with some fake testimonials. Commenter 2 then claims to have contacted them and had amazing results. This bullshit is so tiring.

    Go get a job and stop scamming people!

    Reply
  28. @darrenberich6990 says:
    December 2, 2024 at 4:01 am

    Hi Their. Love your Vids. Can I ask waht software you use to make them please.

    Reply
  29. @sidaliouldziane5357 says:
    December 2, 2024 at 4:01 am

    Hello friends
    I need 0.5 usdt please

    TKR9PvDKuX4CcjW8Gb8ie5Cdzhtd7smrQc

    Reply
  30. @orelivanovich says:
    December 2, 2024 at 4:01 am

    Some points are not clear, but interesting) And the question is, there is USDT on the OKX wallet, how can I transfer them correctly to Binance, only the seed phrase is: couple december over rack bottom verb couple two water draw resemble addict

    I don't know anything else.

    Reply
  31. @ChristopherAbelman says:
    December 2, 2024 at 4:01 am

    Bitcoin halving is fully done, now miners need to earn x2 of what they have earned to remain profitable. In other words, $80000 is needed for miners to stay profitable with current halving rate. Bullish times ahead, only few understand.

    Reply
  32. @osama_momani3267 says:
    December 2, 2024 at 4:01 am

    9:32 London's (UK) currency is the Pound Sterling not Euro

    Reply
  33. @nadirtaube6593 says:
    December 2, 2024 at 4:01 am

    7:15 how is this called???

    Reply
  34. @GURUPROMAN says:
    December 2, 2024 at 4:01 am

    First i didn't catch up your speed but after watching again i totally understood it btw my grandpa can't understand this xd

    Reply
  35. @caitlynpotter says:
    December 2, 2024 at 4:01 am

    I lost over $70K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly. Thanks so much Mrs Ann Elizabeth Messer

    Reply
  36. @monikarosa2895 says:
    December 2, 2024 at 4:01 am

    Learning so fast, thank you 🙏 ❤

    Reply
  37. @valeenapinnock5595 says:
    December 2, 2024 at 4:01 am

    Excellent content. Thank you

    Reply
  38. @Tanzim12 says:
    December 2, 2024 at 4:01 am

    Crypto dork

    Reply
  39. @lanesaarloos281 says:
    December 2, 2024 at 4:01 am

    What happens if a man-made or natural EMP knocks out internet systems for a couple months?

    Reply
  40. @Jama004 says:
    December 2, 2024 at 4:01 am

    *£

    Reply
  41. @redwoodsorel5173 says:
    December 2, 2024 at 4:01 am

    So how do you spend it at the grocery store?

    Reply
  42. @lanmiao8 says:
    December 2, 2024 at 4:01 am

    So how do you spend it at the grocery store?

    Reply
  43. @rj238a says:
    December 2, 2024 at 4:01 am

    With the exception of the weak looking insurance aspect, DeFi seems to be entirely inward facing toward crypto… buying, selling and borrowing crypto with crypto etc. When I first heard about DeFi and what a "huge thing" it was going to be, I thought "it must have the potential to replace banks in areas like home loans etc." But I see virtually nothing like that. This is about transactions to do things like get crypto cheaper. Honestly, other than Bitcoin and maybe ETH as a portable store of value, how is this not a ponzi scheme? Where is the real world application?

    Reply
  44. @orenestrada2007 says:
    December 2, 2024 at 4:01 am

    Correct me if i am wrong … but i dont think i am….. DECENTRALIZED FINANCE or DEFI… is meant for everybody in any country… the very meaning of DECENTRALIZED means it doesnt get controlled by a CENTRALIZED body. Yet the globalists running our governments prevent us from using certain DEFI because we live in certain countries….. THIS IS CRIMINAL… DEFI is a scam for as long as the governments are preventing us from managing our own money.. I will never fkn give my custody to anybody… We need to fix this ASAP …

    As we speak they are planning on how to screw us more and prevent us from even using cold storage wallets… We are so fkt if we dont replace these dirty government politicians..

    Reply

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