Imagine a world where everyone, doesn’t matter where you live on Earth, can complete transactions and make purchases at the press of a button. You don’t have to worry about currency exchanges or government regulated nonsense. No credit card fees, no hidden charges, virtually no friction.
That’s what decentralized finance means to me. The world isn’t going to change immediately over time and accept this new idea as how things will operate in the future. At least, not until they get their feet wet first. However, once a greater percentage of the world begins to accept this new method of freedom, it’s only a matter of time before it “has” to happen instead of wondering “when” it will.
More and more banks will begin to offer Bitcoin and Ethereum options for their clients. Global corporations will begin accepting cryptocurrency as a form of payment. Following suit, your landlords and local mom and pop shops will begin to accept payment in cryptocurrency as well.
Why? This is the currency of the future. Each week, more individuals realize the value that cryptocurrency has in the consumer space. The idea of having complete control over your finances is enough to get anyone thinking of making the switch all in itself. That’s only the beginning though.
In a weird, fun way, it’s almost like we are going back in time while pushing ahead into the future. By removing the middleman (banks/credit card companies), it reminds me of a barter system. Back in the old days, there was no bank or middleman to get in the way of getting what you want.
I want a gallon of fresh milk? Here’s one chicken as payment. Yeah, I’m talking about a time long long ago. Now I have my gallon of milk but, in return, I paid with my chicken. That chicken could die tomorrow or produce an astronomical amount of eggs. It might sound stupid at first, but I believe it can be compared to crypto if you look at the big picture.
Say you want that same gallon of fresh milk now from your favorite supermarket. You pay in crypto, lets say Bitcoin, and now you have your milk. You didn’t need bank approval to complete the transaction. Now, the supermarket has whatever amount of Bitcoin under their possession. Bitcoin value can either tank (die) or rise significantly in value over time (laying those eggs).
Maybe this was just the ramblings of a mad man. Hopefully it made some sense to at least one of you reading! We are at the forefront of transitioning the global economy towards a better, self-driven future.
“It’s only a matter of time before we can take full control over our finances and operate at a global level freely”
Thanks so much for reading my blog today! If you want to add to the conversation, go ahead and leave a comment!
Thanks so much for reading my blog today!
Stay tuned for more!
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