Cryptocurrency - the financial revolution

The cryptocurrency ecosystem has grown beyond the expectations of many, with a proven track record of years, the expansion of these networks is proof of the shifting monetary operations, money embracing a new phase of existence is only but the tip of the iceberg, the bigger picture shows an economy revolutionized by the impact of self-managed finances and an expanded of the digital field of investment. Money in the current system is too centralized to be valuable, and when we look at the solutions presented within Defi, we can just have a glimpse of what direction this is all moving…

I had a conversation with a mate yesterday on the current situations keeping the world on steam, we couldn't help but acknowledge the fact that the system was switching hands in the midst of the chaos. Lots and lots of more people are being exposed to the truth. Sanctions exposed how fuck the world is, having a central power, the ability to restrict value from moving around is a disturbing power to factor in.

Building Around Centralization

Bitcoin by design was aimed to bypass the governmental rule over the finances of the people, thereby the monetary system, which means businesses at large. The buying power of crypto comes with this foundation of decentralized advocacy, this serving as a building block has brought both value and attention to the structures set up therein.

This has given way for a better system of governance, as though the monetary decision still has to be acted upon, a system needed to be there to push for fair outputs, this birthed the system of community power.

As one that has survived entirely with cryptocurrency over the last year, this has been empowerment, the rarest of its kind. Looking at Decebcentralized finance, for example, we can attest things are changing.

The seamless ability to offer savings, and investment tools for the public on a totally self-operated medium is something the banks never thought of. This is such a big industry that evenARK invest CEO, Cathie Woods had to acknowledge Defi to be a financial revolution.

^{“The financial revolution is DeFi and really just taking all the middleman out of the financial ecosystem… a real threat to all of us.“I mean, we know that the combination of digital wallets and DeFi is going to hollow out a lot of financial institutions. May already be because a lot of lending and saving is taking place on DeFi because of lower loan rates and higher saving rates. So that’s a compelling combination. “So we think DeFi is scaling enormously right now. And I think we’ve had very good tests. May of last year, we had Bitcoin cut in half, Ether cut by more than half. I was waiting for the leverage in the DeFi system to topple it, and it didn’t. And whatever makes these networks, whatever doesn’t kill them is making them stronger. Anti-fragile is a word often used.“}

Defi is where wealth lies in the cryptocurrency ecosystem. These protocols are built in a way of creating and distributing wealth. An example of what is happening with cub finance and recently, polycub. Crypto runs on a shared value mechanics, this is how value moves around, sustainability is built into these structures and that is one big factor of its timely expansion…