In the fourth podcast series, Cointelegraph's Elisha Owusu Akyaw discusses the evolution of decentralized finance (Defi) with Defi's father, Defi, an Defi educator and investor in the fourth Reform Asset (4RC).

Defi's father entered digital money in 2017, but it was a success after the big bull market peaked in early 2018. Although there was a recession that followed, he was prepared to continue his efforts on data encryption, paying special attention to decentralized finance. His enthusiasm for Defi turned into a degree of addiction, which led to a series of educational articles to bring new customers into the interior space.

The Defi specific content maker describes decentralized finance as money-related applications that are licensed without consent, cannot be trusted, and have no regional restrictions. Defi's father elaborated on the distrust nature of Defi, while showing the difference between decentralized applications and centralized applications (such as what he calls bank FTX):

FTX is a professional login password bank, but unfortunately, in fact, they don't even have the terms of service you expect from the bank.

According to Defi's father, the latest conundrum has provided a compelling reason for Defi for long-time customers. From the investor's point of view, although the login password sales market is volatile, Defi continues to develop. Defi's father says his investment management company has won more recommendations from creating start-ups that provide decentralized services. However, he is concerned that some of the original creators may not be able to release because of the decline in asset funding in the sector.

Elisha also invited Defi's father to communicate about the future development of decentralized finance. According to Defi's father, economic activity in the Defi sector will grow exponentially, from hiring through decentralized channels to a total of $100m locked up over the next five years.

In this centralization, Elisha and Daddy Duffy also include:

• The rise of Yi Tai Fang ecosystem and the second tier service platform.
• Application example of Defi
• The birth of real rate of return
• Potential controls on the Defi platform in the United States

This is also a new login password podcast, including blockchain market industry breakthroughs and key stories, including interviews with Elisha Owusu Akyaw (GhCryptoGuy) host space concept leaders.

If you need to have a lot of discussion with Defi Dad, listen to a detailed episode of the discussion on the new Cointelegraph Podcast page or on Spotify, Apple Podcast, Google search Podcast or TuneIn.