Bitcoin Does Not Need DeFi, But DeFi Needs Bitcoin

Dr. Chiente Hsu is the CEO and founder of ALEX (Automated Liquidity Exchange), the first complete DeFi exchange transaction on Bitcoin.

Bitcoin is the only way to get real decentralized DeFi. DeFi has not yet emerged as a game-changer because it requires fully transparent smart contracts and is not possible due to the security of the main Bitcoin protocol. However, there are a number of projects that have recently been implemented by DeFi on Bitcoin that are working on a number of smart contract solutions.

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