DeFi Revives the Spirit of Capitalism
By Cointelegraph | 5 min read
Decentralized finance (DeFi) is reshaping capitalism by allowing financial autonomy and reducing reliance on traditional banking systems. The article explores how DeFi platforms are democratizing access to loans, trading, and other financial services through smart contracts. While regulatory challenges remain, the industry continues to innovate with decentralized autonomous organizations (DAOs) and algorithmic financial mechanisms. Experts argue that DeFi embodies the original ideals of free-market capitalism—enhancing transparency, reducing gatekeeping, and putting economic control into users' hands.
