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RE: DeFi Is Going To Change All Of Finance

I feel that, over the long term, say 50 years, we are going to see the demise of the nation-state. This will take a lot of the institutions you mentioned out. We are moving towards a world of networked economies which the physical entities are not equipped to deal with.

That is the long term. How things will unfold over the next couple decades? I think that is going to see a push for more control as they hang on. They are going to push a UBI to try to remain relevant but it will not work.

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UBI came up in another conversation recently. I can't elaborate how eager I am to buy crypto with my first payment. :D

LOL that would be a good use of it. Keep filling those bags.

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The only use of it, but that leads to concerns about exchange compliance and user/wallet identification. I feel like the dark web has to come into this at some point. The last true free zone to take refuge while it all burns down.