DeFi Has a First World Problem: Too Few Developing Nations’ Users - The Defiant - DeFi News
Shared by julia · 22d ago · 3 comments

"It's become a consensus view that the use case for cryptocurrencies becomes stronger in emerging economies, which are more often plagued with authoritarian regimes and devaluing currencies than developed nations. If that's the case, then DeFi builders aren't reaching the audience that needs them most."

kendsouza · 22d ago

The biggest problem with DeFI is higher gas fees. Until that is resolved it ain't going to be adopted by the wider audience. Maybe Ethereum 2.0 will solve the problem.

NFT-gal · 22d ago

Awesome, thanks for the share.

phaethon-psichis · 22d ago

correct