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Most people mix up Web3, crypto, DeFi, and degen trading but they’re not the same.
Crypto is the entire digital currency space Bitcoin, Ethereum, altcoins, stablecoins. Think of it as the money layer.
Web3 is the next evolution of the internet, powered by blockchain. It’s not just coins it’s DAOs, NFTs, metaverse worlds, and decentralized apps. This is the technology layer.
DeFi (Decentralized Finance) is the financial system inside the blockchain world. You can lend, borrow, trade, and earn interest without a bank—directly from your wallet. This is the banking layer.
Degen trading (short for “degenerate trading”) is a high-risk, high-reward style of trading often in meme coins or extremely volatile tokens. This is the casino layer.
So…
•Crypto = the money
•Web3 = the technology
•DeFi = the banking system
•Degen trading = the casino
If you’re stepping into the space, understand the difference first. It will save you from a lot of confusion and a lot of losses.
$BTC
ATH #Write2Earn #Web3 #defi #DEGEN
Crypto is the entire digital currency space Bitcoin, Ethereum, altcoins, stablecoins. Think of it as the money layer.
Web3 is the next evolution of the internet, powered by blockchain. It’s not just coins it’s DAOs, NFTs, metaverse worlds, and decentralized apps. This is the technology layer.
DeFi (Decentralized Finance) is the financial system inside the blockchain world. You can lend, borrow, trade, and earn interest without a bank—directly from your wallet. This is the banking layer.
Degen trading (short for “degenerate trading”) is a high-risk, high-reward style of trading often in meme coins or extremely volatile tokens. This is the casino layer.
So…
•Crypto = the money
•Web3 = the technology
•DeFi = the banking system
•Degen trading = the casino
If you’re stepping into the space, understand the difference first. It will save you from a lot of confusion and a lot of losses.
$BTC
ATH #Write2Earn #Web3 #defi #DEGEN
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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