Scenarios about 'decentralized finance'
Decentralized finance (DeFi) refers to blockchain-based financial systems that operate without traditional centralized intermediaries like banks or brokerages. This movement emerged in the late 2010s, leveraging smart contracts on platforms like Ethereum to create permissionless lending, trading, and investment services accessible to anyone with an internet connection. In alternate history scenarios, DeFi represents a potential divergence point for how financial systems might have evolved differently with earlier adoption of distributed ledger technologies.
What If Bitcoin Failed Early On?
Exploring the alternate timeline where Bitcoin collapsed in its infancy, dramatically altering the trajectory of cryptocurrency, blockchain technology, and digital finance as we know it today.