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Bank of America: DeFi is Traditional Finance’s Nemesis Not Bitcoin

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generic defi illoThe Bank of America (BofA) has argued in a fresh report entitled “Bitcoin’s Dirty Little Secrets,” that decentralized finance (DeFi) is the real disruptor of traditional finance, not bitcoin (BTC), as the latter has too many flaws.  BofA Wary of DeFi Not Bitcoin   While Satoshi Nakamoto’s  bitcoin (BTC) and other cryptocurrencies have been in the

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