Fully decentralized DeFi won’t scale.
DeFi in it’s visionary form (fully open, inclusive, custody-less, decentralized) won’t work in the real world unless our civilization will restart. Here is why.
Please refer to my LinkedIn page where I published the article:
https://www.linkedin.com/pulse/fully-decentralized-defi-never-scale-robert-zaremba/
And an extended version on the Algorand community page (this one includes comments related to Algorand blockchain):