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yes and no.

anything can be built out of anything. you could probably build an Audi out of cabbage if you had a big enough fusion reactor. so yes you could.

but what problem does defi solve? (crickets...)

so no, it doesn't matter.

You could issue security tokens (company equity), trade them 24/7, and settle them on the Bitcoin blockchain.

Why does Nasdaq only trade on weekdays? Doesn’t make any sense.

I see global crowdfunding (e.g. Geyser) also as a good example of “DeFi”.

You don’t need an altcoin to “do DeFi”. Unfortunately altcoiners have stolen the term and narrative.

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