What Will Be The Future With Decentralized Finance In the Next 20 Years From Now.

Decentralized finance system has done many more good than harm but it may not be fair to all. The advantages are more than the disadvantages.

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I believe in prediction of what an event will look like from the start. This got me also thinking what the world financial system will be like in the next 20 years from now.

I shall briefly talk on the following.

What is a decentralized finance system?

How decentralized finance will be of help in the future

Conclusion

What is a decentralized finance System?

A decentralized finance system is that which individuals are responsible for managing their own finance. With it, you do not need to encounter the stress of financial banks.

We own our own finance and control what happens in it.
Decentralized finance is operated on blockchains.

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Block chain is a database that stores activities in a decentralized finance system. Examples of block chain are bitcoin block chain, ethereum block chain, litecoin block chain, eos block chain and also avalanche block chain hosted on their respective network.

How will decentralize finance be of benefit?

Decentralized finance can be of benefit in the following ways;

Web3 based platform offers opportunity to earn without even investing if you choose such method.
There is no excuse for one not to utilize the opportunity of web3 platforms such as hive, ecency, peakd, leofinance and steem to earn just with your smart phone.

Though it needs commitment at start but with time you begin to pull through. I started hive with no support, no hive power but now I grew up to what I currently have whilst I earn some cool hbd. I am planning also to invest in hive power in order to get better payout results.

Its worth the risk

There are some people that may not be able to write, they could invest whilst they pay a bot to watch the market so as not to loose but make gain as regards crypto investment. A risk taker is a money maker 50%.

Conclusively
I see the future in the next twenty years from now that dollar will be a unified currency and could be an added advantage with its decentralization into crypto whereby there are bull seasons too and bears. It’s high time everyone promote crypto as long as you are earning from it. Tell your friends about it because crypto do rise in value hence makes their worth increased. That’s the aspect I love most.

Photo By Me

Thanks for reading, I appreciate the time spent.