What is decentralized finance? Please learn the relevant basics yourself; below, I will only give examples of its advantages.

1. If the people of Henan had put their money into DeFi back then, how could its whereabouts have become unknown, and how could it have been impossible to trace and recover? The blockchain is open and transparent.

2. DeFi is anonymous and has no lost-account reporting. As long as your recovery phrase is not leaked, there is no major risk. The only risk is that the code may have vulnerabilities that allow hackers to steal the funds. But there are hundreds or thousands of DeFi platforms, and not all have vulnerabilities. You can deposit one or two hundred US dollars with each; if one or two get hacked, it does not matter. (I know most Chinese people do not have tens of thousands of US dollars in savings.)

3. Interest rates are high; 5-10% is easily available.

4. DeFi is generally denominated in US dollars, allowing you to hold dollars. Looking back through history, no country has been better than the United States at playing the economic card. And under the current circumstances, the renminbi could become worthless paper—look at the ruble after the collapse of the former Soviet Union.