Santiago R Santos Profile picture
founder @inversion_cap | posts are not investment advice

Sep 14, 2020, 5 tweets

1/ Finance has not kept up with advances in technology/Internet over the last 20 years. tradFi is mostly asleep at the wheel while an entirely new financial system is being built from scratch: DeFi. They just don't know it yet. But soon will wake up...

2/ As early players in this DeFi world, we have the opportunity to design a financial system from scratch. Combining elements of tradFi with unique new primitives enabled by crypto (flash loans, composability, AMMs, NFTs etc.)...

3 / A lot of the DeFi stack has been build behind the scenes over the past 3 years, forged in the fire of the bear market.

We're seeing these money LEGOs come together at an exponential pace. This is the power of DeFi - global, permisionless, and transparent capital markets.

4/ For end users, they don't/won't care to ask how this tech works in synchrony (oracles, consensus mechanisms, L1/L2). They'll be using dApps and notice the 10x improvement (rates, range of assets etc.)

They'll finally get an "Amazon/Google" like experience with finance

5/ Few in the developed world appreciate how broken the financial system is. It takes a trip overseas or sending a wire to realize this.

Like other technological revolutions, DeFi will become too hard to ignore. We're not far from that state of the world. Keep building

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