BlockBeats news, on October 19, Federal Reserve Governor Waller spoke at the Vienna Macroeconomics Symposium: Decentralized DeFi has attracted a lot of attention in the past few years and may profoundly affect global financial market transactions. Some people believe that DeFi (decentralized finance) will replace traditional centralized finance, while others believe that it only expands a part of traditional finance. Although DeFi (decentralized finance) may bring efficiency improvements, the value of traditional financial intermediaries and centralized financial markets is still significant. (Golden Ten)