Take a look at the massive amount of growth of the total value locked in Defi. This gives great insight into just how big this category of finance has grown within one year.
Why is this important?
Crypto and defi is the first step to opening people’s minds to understanding how systems currently work, how and where they store their money, what they support and enable by doing so, and how they can build and replace these systems.
There are some core systems which need upgrades to increase their trust, efficiency, and by doing so increase the average person’s quality of life. Defi uses transparency to provide a way to track money flows. This could provide a lot of benefit for core systems: Food, water, shelter, insurance, finance, legislation, government, and healthcare. Defi is the first step by re-building and thinking about finance.
- People need to take over these core pillars of being alive and re-work them if they want to have more control over their quality of life
- Lots of the problems which exist around these are the market dynamics. People need to change the market dynamics to favor regular people.
- Defi encourages creativity around narratives and tools. One way to have a big impact in the space is to provide lots of resources and ways for people to learn easily.
