---
id: "quote-defi-definition"
type: "quote"
source_timestamps: ["00:22:46"]
tags: ["defi", "finance"]
related: ["concept-defi-definition"]
speaker: "Alexandra Damsker"
speakers: ["Alexandra Damsker"]
sources: ["secinsider"]
sourceVaultSlug: "damsker-sec-defi-wealth-creation-2026Jun25"
originDay: 7
---
# Defining DeFi

## Quote

> 'Finance is money making money. Decentralized just means doing the same thing without banks.'

— [[entity-alexandra-damsker|Alexandra Damsker]]

## Context

The most efficient working definition of [[concept-defi-definition|DeFi]] in the entire conversation. Useful as a one-line primer for any downstream listener who has heard the term but never had it clearly defined.

Related: [[concept-blockchain-toll-road-metaphor]], [[concept-tokenization-rwa]].