DeFi platforms reduce reliance on central banks ^35%

• Main
• Pros
• Cons

Pros

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Cons

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• Created by: June Castro
• Created at: Sept. 25, 2024, 9:30 p.m.
• ID: 10742

Decentralization reduces reliance on central authorities ^83%
83%


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The decentralized nature reduces reliance on centralized institutions ^88%
88%


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Central banks regulate financial transactions in DeFi systems ^45%
45%


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Liquidity issues plague DeFi platforms ^67%
67%


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Cryptocurrencies like Bitcoin have no central bank control ^78%
78%


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Online meeting platforms reduce the need for physical office space ^88%
88%


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Digital currencies operate independently of central banks ^72%
72%


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Central banks explore digital currencies ^83%
83%


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Solar and wind power reduce reliance on fossil fuels ^88%
88%


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A plant-based diet can help reduce reliance on animal agriculture ^50%
50%