Member-only story

DeFi Physics

Billy McDavid
2 min readJul 30, 2021

--

The Inside Track Our Greatest Theory Of DeFi

Week in, week out, in the Decentralised Finance space entrepreneurs, reporters, and the movement are talking to the experts and sifting through the latest charged results from the cutting edge of DeFi and cryptocurrency, so that, whatever happens, you are ahead of the curve.

As the warming world of DeFi brings more digital breakthroughs, we have a lot to learn about how best to live with DeFi adoption. DeFi allows the utility of smart contracts on blockchains, example being Ethereum where DApps applications intrinsically bring about financial algorithms on a distributed ledger called blockchains, a technology first created by Bitcoin ever emerging to become immeasurably more.

It isn’t surprising that most people associate DeFi with a degree of suspicion given the negativity that surrounds the open blockchain and cryptocurrencies of a bygone era. The Centralised Finance sector is a science fiction tale of misleading corporate surveillance where trillions of dollars annually are extracted from the world economy.

The effect of the Centralised fiat currency is a deeply nuanced subject that shouldn’t be minimized to the same talking points every year and then forgotten, despite fiat currency longevity, the oldest fiat currency that still changes hands today dates back to the 15th century.

--

--

Billy McDavid
Billy McDavid

Written by Billy McDavid

Intermediate Security Researcher Smart Contracts

No responses yet