DeFi Is A Frightening Prospect For The Banking Industry, But It Doesn't Have To Be

At its dawn, internet skeptics were overtly critical, highlighting their distaste for the technology. Acclaimed astronomer Clifford Stoll asserted the idea that ‘commerce and business will shift from offices and malls to networks and modems’ was ‘baloney’, and the potential for the internet was nothing more than a hype train traveling too fast for its own good.