Decentralized finance is to finance what the internet was to information. What does that mean?Before the internet, information was supplied (and controlled) by big institutions like media agencies, universities, and governments. The internet changed everything by allowing anyone to create/share information, post it online, and make it available for anyone in the world to access. The internet shifted the control of information from people and institutions to software that can be accessed by anyone who wants to create, share or learn.The internet revolution has made the world an infinitely better place by creating resources for anyone to learn anything they want, spread information that helps hold governments, companies, and people accountable, and allow people to create businesses and earn livelihoods in new ways. The internet made information permissionless so that anyone can access and benefit from it.Before DeFi, the financial system was completely controlled by big institutions like governments and banks. DeFi is changing everything by shifting the control of access to financial services from institutions to software. Instead of relying on a human being, DeFi services can verify a user’s financial situation (through their information on the blockchain) using software and that verification can allow access and activity in the DeFi financial services.DeFi removes the subjectivity, inefficiency, and human error of the existing system, which relies on people, and replaces it with software. This is incredibly powerful and exciting.