DeFi is eating CeFi.

Thread ⬇️
TL;DR:
Money:

Centralised - Dollar, Euro, Pound.

Decentralised - @MakerDAO (Dai), @ethereum, @AmpleforthOrg.
Central Banks:

Centralised - Federal Reserve, Reserve Bank of India, Bank of England.

Decentralised - @MakerDAO, @reserveprotocol, @mstable_.
Commercial Banks:

Centralised - Bank of America, Wells Fargo, HSBC.

Decentralised - @compoundfinance, @bZxHQ, @Dharma_HQ.
Investment Banks:

Centralised - Goldman Sachs, JP Morgan, Deutsche Bank.

Decentralised - @synthetix_io, @UMAprotocol, @dydxprotocol.
Exchange:

Centralised - NYSE, NASDAQ, CBOE.

Decentralised - @UniswapProtocol, @0xProject, @CurveFinance.
Broker/Interface:

Centralised - Robinhood, eToro, Fidelity.

Decentralised - @zerion_io, @zapper_fi, @matchaxyz.
Asset Management:

Centralised - Blackstone, Blackrock, Vanguard.

Decentralised - @SetProtocol, @melonprotocol, @iearnfinance.
Insurance:

Centralised - Geico, AXA, State Farm.

Decentralised - @NexusMutual, @iearnfinance, @opyn_.
Payments:

Centralised - Stripe, Square, Paypal.

Decentralised - @metamask_io, @argentHQ, @CoinbaseWallet.
Conclusion:

DeFi (Decentralised Finance) is nothing but a set of Lego blocks, where

A) Base block = Account.
B) Upper blocks = Protocols that conduct financial functions/services.
Just like decentralised protocols are analogous to Legos, centralised institutions are analogous to walled gardens where individual financial entities and services cannot interact with each other seamlessly.
As a result of their permissionless, programmable and composable nature, decentralised protocols are beginning to swallow their traditional counterparts.
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