financial services dont work in latin america but defi doesnt care what country youre in

living in mexico. I can't use most US banks. some exchanges unavailable. ones that work have terrible rates and kyc takes weeks.

Local banks worse. under 2% savings rate while inflation is 8-10%. watching money lose value with no alternatives.

Defi works because protocols dont check passport. morpho works same in new york or mexico city. youre interacting with smart contracts not companies needing regulatory approval.

Earning on usdc through stuff like yieldclub, aave interface, instadapp. same experience us people get. 10% apy. money in digital dollars so no peso devaluation worry.

This is revolutionary about defi. not speculation but everyone anywhere accessing same products. no one tells you region isnt supported.

banks restrict by country. defi just works globally.