Is DeFi good or bad?

With the rapidly growing popularity of Decentralized Finance (DeFi), the question arises: Is DeFi good or bad? On one hand, DeFi promises to revolutionize traditional financial systems by offering access to a wider range of financial services without the need for intermediaries. This decentralized, permissionless nature of DeFi makes it accessible to anyone with an internet connection, potentially expanding financial inclusion. However, the lack of regulation and oversight in the DeFi space has led to concerns about the safety and security of funds, as well as the potential for market manipulation and fraud. What's more, the high volatility of cryptocurrencies underlying DeFi applications poses risks for investors. So, is DeFi truly a force for good, or does it harbor dangers that outweigh its benefits? Let's delve deeper into this complex topic.