The end goal I believe is to create financial inclusion

Question

The end goal I believe is to create financial inclusion

for everyone to use financial instruments, be it the purchase of stocks, trading, futures etc in a decentralized way where everyone can participate. No borders. No kyc. True freedom. Right now, there are a lot of people who do not have access to such instruments and such instruments can be key in lifting some out of poverty cycle with true financial freedom (in my own view at least, I’m sure there are others in the community who sees it differently?).

However such an ecosystem is not fully ready yet.DFI is just getting started and there will be issues to be worked out along the way. But my own view is that it could be massive long term.

I also acknowledge that right now quite a number of people invested in DFI are probably for the high initial LM rewards but this step is necessary for bootstrapping stage, getting the word out etc.

When I invest in DFI and participate in its various products, I look long term and yet enjoy the awesome rewards short term :)

#blockchain #cryptocurrency #defichain #english

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22.12.2021

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Alexander · Accepted Answer

Alexander

Thanks for the insight. They should advertise that more.

0

22.12.2021

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The end goal I believe is to create financial inclusion

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