A Critique on Decentralized Finance from a Social, Political, and Economic Perspective

Published in Blockchain, vol. 1, no. 1, 2023

Recommended citation: Zizheng Fonghu and Tsz Hon Yuen. “A Critique on Decentralized Finance from a Social, Political, and Economic Perspective.” Blockchain, vol. 1, no. 1, article 0006, 2023. https://doi.org/10.55092/blockchain20230006

This perspective article examines decentralized finance through social, political, and economic lenses. It critiques the fundamental values and assumptions of DeFi, including whether its model of personal financial freedom can provide a suitable alternative to the current financial system.