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RE: The Future Of Finance: Decentralized

in LeoFinance3 years ago (edited)

I agree with all your analysis in this post. I think that the focus should be that decentralization is what is truly important in everything related to finance today; because there is definitely no way to continue with the centralized model in a functional way (if it ever was), because if for fiat money it was not effective, for cryptos it is totally and absolutely unfeasible.

Although many think that the absence or increase of money is responsible for economies going well or badly; in my opinion, the excess or lack of money in economies and environments is not the cause of things going well or bad for them, but they are the effect or consequence derived from good or bad actions respectively. In other words, from my perspective, excess or lack of money (and the level purchasing power of that money)is the measure of the level of precision with which things are being done in the economies of countries, companies and projects, and also of the people themselves at an individual level.

In all of this, is clear that if the economies and investments are going badly, the symptom and cause (or one of the causes) of the problem is the centralized approach that governments and companies maintain; tied to the ideas of yesteryear and the traditional financial system. Fortunately, despite appearances and the current downward trend in all financial markets, we are on the right path towards a better economic future, and decentralization will be the fundamental key in all of this.

Your article is very interesting, it made me reflect on very interesting things regarding the issue of decentralization. Greetings.

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