FINALLY REACHING EARLY STAGES OF MAINSTREAM ADOPTION, “DEFI” IS GRADUALLY
(AND EVIDENTLY) REPEATING AND/OR REPRODUCING CURRENT BANKING PRODUCTS,
THAT FAVORABLY BOAST ZERO NEED FOR A TRADITIONAL INTERMEDIARY; AND OFFER
INTERNET-NATIVE ALTERNATIVES TO POPULAR FINANCIAL SERVICES THROUGH
DECENTRALIZED FORMALITIES. POST (2008) GLOBAL FINANCIAL CRISIS (GFC), IT WAS
EVIDENT THAT NEW FINANCIAL MECHANISMS WERE (IN OUR STRONGEST OPINION) IN
DIRE NEED OF ASSISTANCE; “DEFI” IS A TERM THAT REPRESENTS THE DISCIPLINE OF
DECENTRALIZED FINANCE, AND/OR THE FINANCIAL SOFTWARE THAT MANEUVERS
AUTONOMOUSLY ON A BLOCKCHAIN NETWORK; THAT GIVES ANYONE (WITH ACCESS TO
AN INTERNET CONNECTION), THE ABILITY TO DIGITALLY APPROACH AND/OR ATTAIN
TRADITIONAL (CENTRALIZED) FINANCIAL ASSISTANCE, IN A NON-TRADITIONAL
(DECENTRALIZED), MANNER. THE FACETS OF MONETARY “ASSISTANCE” WE ARE
SPEAKING ABOUT, ARE RESPONSIVE TO SERVICES THAT COMPRISE (BUT DOES NOT
LIMIT) THE ACTIONS OF BORROWING, LENDING, INVESTING, TRADING, AND/OR
FUNDING; WHICH CAN NOW BE EXECUTED BY THE USE OF HYPERLEDGER, SMART
CONTRACTS, AND/OR DECENTRALIZED PROTOCOLS ON A BLOCKCHAIN (TO OFFER AN
EXAMPLE) . TO BETTER NAVIGATE A FORTHCOMING ERA OF ECONOMIC
TRANSFORMATION, THAT IS NOTHING SHY OF UNFATHOMABLE, AND IS AS CLOSE TO
‘ACCURATE UNPREDICTABILITY’, AS WE CAN GET. IT’S OUR DUTY TO PROPERLY HELP
RESTRUCTURE AND RE-REGULATE, A COLLAPSING UNITED STATES (AND GLOBAL)
ECONOMY, THAT IS CURRENTLY FACING NEW FORMS OF TECHNICAL ADOPTION AND/OR
OPPOSITION. THE RELENTLESS ADVANCEMENT OF DIGITAL CAPABILITY; NOW ALIGNED
WITH A GLOBAL PANDEMIC THAT HAS SUCCESSFULLY MAGNIFIED PAST, CURRENT,
AND/FUTURE HARDSHIP, HAS FORCED US TO WITNESS (AND PLAN FOR) A VOLATILE
INCREASE IN RATES THAT THAT ARE (SOCIETALLY) TOO IMMEDIATE, AND RATIOS THAT
ARE (ECONOMICALLY) TOO RISKY.