The goal of DeFi is to reconstruct the global financial system by removing the need for middlemen, like the monopoly of the banking system.
It’s a fact, that the current financial system is not only sustainable. it is outright failing us.
It’s an ecosystem where, companies, entrepreneurs, individuals and even you and me… can recreate traditional financial instruments in a decentralized architecture, outside of big banks and governments’ control.!!!!!
Basically a brand new global monetary system is being created in front of our eyes.
DISRUPT – cause radical change in an industry by means of innovation.
“Permissionless” to create, “permissionless” to participate — anyone can create DeFi apps, and anyone can use them..
We are on the way to a trustless, transparent, global financial ecosystem, that knows no geopolitical boundaries. This is true financial independence ..
BITCOINCHANNEL.LIVE delivers the news, from the Traditional Markets and Convert them into Crypto News.. From Traditional to Digital, we take Mainstream News and convert them into Crypto News
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This is episode 2 of 10. I have been working in the the financial industry since 2000. I a trying to compare the blockchain terms/buzzwords into traditional financial language.
The world of traditional finance is on the brink of an evolution.
Decentralized finance is on the rise and the benefits for its users have the potential to blow traditional banking into oblivion.
We are on the way to a trustless, transparent, global financial ecosystem, that knows no geopolitical boundaries. This is true financial independence!!
i called the financial global depression!
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