By taking a look at some of the notable events happening for crypto in the last few weeks, it will help to understand exactly how fast this space moves.
It moves so extraordinarily fast… it’s almost scary.
Here is some food for thought below… 💭🥐
Just a few months ago the market was red all around.
We were hit with headline after headline, each one bashing the entire industry.
Combine this with the #Bitcoin mining ban in China, and you’d think this would line up to be the perfect “black swan,” right?
In just 6 months, my Twitter account has grown more than I could’ve ever imagined
It took hours of pure dedication and studying, but I wouldn’t of been able to do it if it weren’t for the other great researchers in the ecosystem sharing their knowledge
How exactly would 𝘺𝘰𝘶 go about creating a censorship-resistant, decentralized, public network on a global scale?
We can first start with a public ledger that anyone can add lines to, where individuals would transact and settle in fiat currency at a later time
Very quickly…
You’d start to see some very serious issues arise as more and more users come to the ledger for accounting, & that would require trust in each and every one of them
We don’t know if people are being honest when adding new lines of transactions to this ledger
There are so many absolutely insane things that can be done with certain DeFi protocols, yet it still seems no one applies it to the world outside of crypto.
DeFi on $ETH has tons of unique opportunities for you to discover.
I’ll explain below… 🥐
Did you know that a $DAI loan can be converted to fiat & used as a traditional loan?
I know this sounds very obvious, but hear me out.
You can keep exposure to $ETH by borrowing $DAI, then use for loans on cars, houses, etc!
No credit scores, no banks, & lower interest rates…
Did you know that tens of thousands of farmers in Kenya have crop insurance thanks to smart contracts on Ethereum?
Utilizing $LINK oracles, Etherisc provides you with automated protections for a variety of use cases
It has insurance for flight delays, crops, hurricanes, & more!