Why DeFi Is The Future
Why DeFi Is The Future
DeFi is the future ever since I learned about it because of CubDeFi I've been hooked ever since. The reason is because I see the massive possibilities with it.
Yes, we still have bad actors that cut and run with profits which is why you need to always be doing your own research and taking action with your investments in the programs and people you believe in and want to support. While this isn't a 100% guarantee (nothing in life ever is) it is something you can do to feel good about the actions you took if things should go south.
A Shift
What we are seeing is a major shift in crypto. Everything is moving towards what banks offer, loans, interest rates, lending, swapping of currencies all while offering very fast transactions and low cost fees. This is what DeFi is providing people with that other services aren't. Currently your bank offers negative, no or extremely low interest rates. High fees for wanting to make transfers and days if not weeks on money transfers along with paperwork in some cases. I huge WASTE if you ask me.
Those In Power Are In A Panic
The FED along with other governments worldwide are starting to go into a panic trying to now figure out how to regulate and control the thing as it becomes a very real possible contender to the rigged system they have built since WW2. While yes I do believe some of these entities where built to protect people and investors over the last 30 or so years I've seen them start doing the opposite and instead just be another greedy arm of the government to fuel their pockets (The last thing we want in the USA. Millions of people died to give us these freedoms and now they are being stripped away from us almost daily now)
NFTs Ethereum DeFi
You should consider DeFi as an advancement in cryptocurrency just like the invention of NFTs which are still in high demand. We can attribute BOTH of these things to the Ethereum blockchain which goes to show you why Ethereum most likely will become the dominate factor in the crypto world and eventually take over Bitcoin in terms of market cap.
Posted Using LeoFinance Beta
