The future of finance is digital and decentralized.
The future of government-printed currency, backed by nothing but a perception that it has any value at all, is uncertain. The currently relentless printing of national currencies to stimulate failing global economies is merely prolonging the inevitable. Inflation.
The four main hedges against inflation are:
- Real Estate
DeFi, or Decentralized Finance is the idea that crypto entrepreneurs can reproduce traditional financial instruments in a decentralized architecture. That is to say, an architecture that lies outside the realms of companies’ and governments’ control. With the terrible interest rates available on traditional bank accounts (both on savings and borrowings), the argument for decentralized applications has become even more relevant.
The term ‘decentralized’ refers to the distribution of control from a central authority to a network where each node can verify a transaction – the blockchain – essentially millions of personal computers around the world all receiving and verifying the same data.
Leveraging Technology for Wealth Creation Comment
This is not a platform for CBD products.