Learning About DeFi

Trying to get a better understanding of crypto, and DeFi in particular? This guide from The Defiant is a great place to start, with basic principles and lots of links to additional materials.

Web3 is truly revolutionary. The world is going to change. From the guide:

A financial system that’s running on distributed networks and powered by cryptocurrencies allows users to maintain control over their assets and information. For the first time ever, any individual can own a piece of the networks and applications they use. They can participate in these protocols’ governance and benefit from their growth. It’s a new paradigm for the internet and for money.

There are vast implications arising out of decentralization and tokenization: the power of central banks, governments, and our too-big-to-fail corporations will be challenged. The emerging struggle manifested just last week as President Biden announced an executive order on crypto is on its way, as a "matter of national security."

Some of the consequences will be beneficial for humanity, some won't be. But either way, this train will not be stopped. For those in the professional business community, the time to get educated is now.