Though I clapped my 50’s to support, I’d argue with some statements concerning a decentralized…

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Though I clapped my 50’s to support, I’d argue with some statements concerning a decentralized finance crypto world.

First, if you’re not one of that chosen community insider, you’ll never be aware of the scheme meant to use crypto. As market traders say, “no one knows 100% price action, unless you’re a market owner yourself”, we can only predict the fact of forthcoming events of the Bitcoin era where the crypto is admittedly unstoppable.

Second, none of piece of global value exists without the ultimate control over this by state authorities through levies, duties, taxes or even predatory traits, such as, say, raider’s takeover in developing countries. As for crypto, most likely, here we’ve got an implementation of the old times wisdom —

“If you can’t beat them, join them.”

The government authorities have power to prohibit or to profoundly take over the best of the technology, b/c the classical financial or banking system’s been existing since the times of the Florentine dynasty of Medici in 15th century, it’s time to refresh the financial system as the value of ordinary money is no more the equivalent of true value such as Gold, why not Bitcoin is the next Gold itself?

Third, under the control and support of state and central bank authorities there will always be instruments such as derivatives to generate extra money bubble, those Bitcoin futures CME are guaranteed approval of their planning horizon.

Technically the DeFi utilizes smart contracts on blockchain, well as long as there is the Net, there is the opportunity to decentralized finance and more secure anonymous currencies, you know them.

Aldous Huxley, George Orwell or, one of the modern fiction novelists, Victor Pelevin’s works are meant to picture a role and confrontation of an individual to a state hierarchy power that seems more and more “neglected unalienable rights of life, liverty and persuit for happiness.”

Please do consider commenting on my pov, b/c I’m used to be a classical theory believer.

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