For many years, supporters of decentralized finance (DeFi) have defended the sector, arguing that it provides capabilities that traditional finance does not possess. However, this speech has not been accepted by everyone in the crypto community. In fact, the crypto influencer Anthony Pompliano, recalled in the Tweet of the day Jeff Bezos can end Ethereum-based DeFi:
Jeff Bezos, DeFi Destroyer?
For several months now, DeFi have been the true protagonists of the crypto world. And it is that, the main protocols of this sector have managed to increase their value exponentially in a matter of weeks. Attracting the attention of crypto users, who have started to invest heavily in this rising market. Further driving the value of DeFi projects.
This has increased the self-confidence of DeFi advocates. Who, despite the fact that their protocols are still miniscule compared to traditional finance. They have already begun to claim victory over commercial banks, heralding a future in which decentralized finance will be the foundation of the world economy. Supported by big names in the crypto market like Changpeng Zhao and Justin Sun.
However, within the crypto world there are still voices against the excitement generated by the DeFi. Counting these skeptics of decentralized finance with figures of the height of Anthony Pompliano among their ranks. Who has reminded the creators of DeFi protocols that, despite the supposed decentralization in its operation, a good part of its infrastructure depends on Jeff Bezos’s servers at Amazon:
«Jeff Bezos could shut down most Ethereum-based “DeFi” applications simply by shutting down AWS. You are not decentralized if you only have servers with Uncle Jeff!«
Thus, Pompliano would be denouncing that the supposed decentralization of the DeFi does not really exist. Well, its maintenance depends on servers managed by a centralized company, such as Amazon. Which gives its CEO, Jeff Bezos, unparalleled power over the fate of DeFi.