The recent dorminance can’t be compare to the formal.
Can defi really outrun bitcoin?
That’s impossible
So far defi is being hyped nowadays doesn’t mean it would outrun bitcoin, moreover bitcoin will ever remains a legendary coin
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BTC has arrived on Ethereum as Ethereum wrapped token. WBTC is a good product and it is supported by Trustwallet. DeFi can consume anything.
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What are you thinking about smart contract ?
Don’t think defi will outrun/replace BTC. It will probably become a part of the DeFi part of blockchain tech by being used as collateral for loans on p2p credit platforms.
But the trust and universal adoption in the space is nothing that the DeFi hype can easily just take over imo 
It’s still only a part in a very entangled new tech sector that’s centered around bitcoin.
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AMPL is directly trying to create a market place that is detached from Bitcoin.
DeFi coins/tokens allow you to do many things. One of them being staking or ‘earning’. For example… in your savings account you accumulate a small bit of funds just for holding money in there… in a lot of cases .01 USD per month…
With DeFi… if you took a DeFi coin and staked it or put it in Earn on the crypto . Com platform you could make 10x that amount…even more…
14 to 16% by staking the CRO on cryptocom…
Is it risky? Of course but as long as you have a trusted source and you’ve done your research that is what matters. Same with a bank dont just pick a bank and run with it… research them first. See if they have any complaints and what those complaints are…
DYOR! 
My own opinion is that investors should be careful and watchful of scammers
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I’ll say it’s possible, but not overnight
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Absolutely! Very important! I wish I could notify ever new person to the crypto world of the current Youtube scams …just can’t reach every person
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They are both in the same boat even though it does not look like that.
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I personally see DeFi working like this…
People use savings accounts to gain interest…
I see (in the future more and more) these types of accounts moving over to DeFi platforms…more gains…
Bitcoin I could see as a store of value… people invest in Gold … they would eventually invest in BTC as they do in gold now. Not saying Gold is going anywhere…
In the crypto world though I could see people investing in BTC as they do in Gold in the fiat world. However the difference is they OWN their BTC more than the gold (unless they are purchasing physical gold of course)
Again, just opinions and thoughts
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Defi isnt a coin or token. Its cryptocurrency platform to make liqudity pools. That money that some one invest (in some stable coins or btc, eth, trx, etc) will mint platform token. Then you can borrow that token from platform, with deposit some of your oun crypto and do what you want to do with this loan. then you repay and part of it goes to holders, that invest.
DeFi stands for decentralized finance, so its a huge theme.
Model, that i wrote above, is what popular to call defi platfrom today. There are many of them. Maker and Dai are example to google it and research for yourself.
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Agreed, ETH is more of a core for Defi. There are some projects that focused to bring BTC to the game as well.
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Wrapped BTC is something I’ve heard about but haven’t read into it to be honest
100%! Decentralized Finance …I tell all my friends about it. Tell them to read up on it all the time.
I’m doing the same. Nobody listens though. lol
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Its very raw today. Give it couple of years, imo. Just watch and learn. Its too insecure, an smaller defi/exchange cant get propper security, sad, but fact. Read about flash loana attack on defi. It will keep you aware and shows the deep of knowledge, needed to make good choice on defi)
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Can only be up from here. “Don’t Trust, Verify”