The Case For DeFi


“Control through DeFi which belongs to the market, not a central bank. This brings the case for Defi” -Caleb

Short and sweet today, sadly but more in depth to follow. Is there a case for DeFi? Is there a case for a Decentralized economy? Based on the new new innovations of Blockchain and Cryptocurrency the answer is a pretty clear yes!!! Heading to a decentralized finance world away from the central one we have would cut out so many inefficient and ineffective processes which currently hinder our day to day economic lives. Examples of these inefficiencies can be seen all over the financial landscape; from the 30 day average house closing, to brokers not being able to reconcile trades for retail stock traders in real time. There would be so much money saved and prices could be so much more reasonable for consumers on so many fronts! 

Decentralized finance is becoming more mainstream as time goes on. We are still at the beginning of its take over of the status quo, and we are excited to promote, and be part of the change. Imagine being able to pay your bills without having to wonder if you actually have enough in an account to cover your out going because of transfer delays between banks. This amazing technology will minimize identity theft worries, and give way to a more private, secure way of finance.

Stay tuned through the rest of the week as we dive into some of these inefficiencies and really make the case for DeFi! We would love some feedback, and we will keep on giving you folks the black and white information. 

 

Written by Caleb Hogan from ofthefreemarket.com on February 11, 2021

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OfTheFreeMarket
OfTheFreeMarket

We Are Of The Free Market, Here For The Free Market. We want to grow and connect with the blockchain community, and bring this technology which impowers individuals to the main stream. Blockchain will disrupt and change everything we know about the world!


ofthefreemarket.com
ofthefreemarket.com

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