Ethereum – What It Is? How You can Use It? & More!
Learn all about Ethereum in this new 31 part Series
Welcome to Episode 13 of this Series about Decentralised Finance Systems (DeFi), Broken Government Systems, and Ethereum.
In this series, I’ll be exploring how Decentralised Finance Systems are revolutionising the way finance works, how broken government systems are exploiting us, and finally, how Ethereum and other cryptos are emerging as a viable alternative.
The concept of decentralised finance, or DeFi, is catching on fast. By eliminating the need for middlemen, DeFi allows users to trade, borrow, and lend without the need for any intermediaries. This means that fees are much lower, and transactions occur quickly, securely, and with less human effort.
The failure of governments to create stable economic systems further propels the adoption of DeFi. Governments have failed to adequately address inequality and poverty, and their attempts to stimulate the economy have often led to debt bubbles and other failures. The result is an erosion of trust in governments and a frustration that is leading millions of people to look for alternative systems.
Ethereum and other cryptocurrencies offer a viable alternative. They are transparent, secure, and decentralized, making them less vulnerable to manipulation and political incompetence. Furthermore, thanks to the emergence of smart contracts, Ethereum can be used for much more than just making payments. The NFT and Digital Art world is just one of many examples of this.
As the world slowly begins to move away from outdated government systems, Ethereum and other cryptos could become the backbone of the global financial system.
In conclusion, decentralised finance systems are revolutionising the way finance works. Broken government systems are putting the stability of global economies and human prosperity at risk, and Ethereum and other cryptos are emerging as the future.
We are at a tipping point in history and the future of finance is being crafted right now. On which side will you be standing when the curtain falls?
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Disclaimer
I am not a financial advisor and any thing you see or hear in this video, description or comments is for the sole purpose of providing education, entertainment, information only.
Contact a financial advisor to provide you with correct information that is tailored to your needs, and don’t get ‘left in the lurch’, ‘Do Your Own Research’
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