Here are my previous Defi articles below. I think Defi is the future and phase 2 of crypto before Metaverse explores.
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DeFi Swap: Great Returns come with Great Cost
Robot Sucks: How Lousy Jobs AMMs Did to Ruin the DeFi
Defi Winter: What May Come After the Bubble Pops
Defi Winter?! When Stablecoins Become CBDCs
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Defi Manual
Defi Manual: Part 1 - Cefi vs. Defi
Defi Manual: Part 2 - Regulations
Defi Manual: Part 3 - Financial Weapons
Defi Manual: Part 4 - Market Manipulation
Defi Manual: Part 5 - Synergies
The global adoption of cryptocurrencies is accelerating. Governments are fear of cryptos and ban them left and right. Other countries want regulations to restrict the growth rate of the cryptos but regulations are slow to leave crypto surpassing regulations.
Here is a 1 min summary of the article if you want to skip the reading.
Regulations Are Restrictions
Regulations do not help the growth of crypto. It will prevent crypto growth in the way to give traditional financial systems to catch up. However, the traditional financial system is not listening to the voice of people but continues conducting their business as usual. How traditional financial system can evolve without considering other voices?
Global Regulations
Global regulations will be required some entities to oversee their operations. It is likely will form a global government to oversee the global operation. With the global scale of regulations, the government is more powerful to obtain more data and easily suppress individuals.
Company Is Obsolete
When the company was formed, the purpose was to serve citizens and provide business for them. However, the company did a very bad job due to power struggles and power domination. Crypto is able to create governance without the government. If crypto can bring people and form a better organization, what is the purpose of a company exist?
Regulations Will Not Stop Crypto
With the fast acceleration of crypto, regulations will be difficult to catch up with the crypto pace. Regulations need time to dispute and confine while the crypto continues evolving faster than ever. The more people join and contribute to the crypto, the faster it can evolve.
In Conclusion
I do not believe in global regulations and will form a global organization for corruption. The crypto is a future to form its own organization and solve many social issues in the future.
This article is also published in Cryptologist as parnership publication.Photo by Fakurian Design Unsplash
Note: the post was shared on multiple platformsYou can refer my previous article lists
Digital Commodities- the Unlimited Resources of Commodities Has Born
Universal Income in Crypto Way
DeFi 1.0 is Officially Dead - Welcome to DeFi 2.0
How Many Ads Are Too Much - Floki Inu Ads Got Backfire
Bitcoin ATM Adoption and Its Potential Security Vulnerabilities
When Corporations Are Running By Everyone
The Fundamental Value Is Irrelevant
Coinbase At Huge Reputation Crisis
Regulations Start Hitting Crypto Exchanges
From Bitcoin Standard To Zero-Knowledge Proofs - Decentralization 2.0
Shiba Hits 1 Million Users (Army) Milestone: What is Next?
How To Avoid Crypto Scammers
Shiba Game - When Meme Meets Metaverse
Twitter CEO Steps Down - A Full-Time Bitcoiner
Change of Macroeconomy Landscape
CBDC Is Losing The Game
Brief History of Ethereum and How Ethereum 2.0 May Over Promise
Who Cares If Craig Wright Is The Real Satoshi
Institutional Investors vs. Whales
A Proposal To Move Bitcoin Mining PoW Away
IMF Keep Crying Out, Crypto Adoption Keep Accelerating
Dogecoin Is Back to Top 10 But The Moon Shot Is Looming
How to Avoid The New Wallet Scam
-------------------------------------------------------------------------------------Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.
