Decentralized finance (DeFi) applications, specifically on Ethereum (ETH), have exploded in popularity over the past couple of years. While bitcoin appears to be here to stay as a global, apolitical store of value, the basic idea behind DeFi is to go beyond the creation of a new, base monetary asset and bring a greater degree of decentralization to other areas of
Source: https://cryptonews.com/exclusives/how-bitcoin-and-defi-are-completely-different-phenomena-10042.htm