Where DeFi is headed

[SquallLeonhart]

I think it is obvious that Defi will be a big player for a long time, it is going to change the crypto world and we are basically all turning towards defi projects and that will continue for a long time. There is nothing we should be focusing on right now about it because it is going to just be what it is.

We are still not a whole defi world, but crypto ranks are getting more and more defi filled and that is going to continue, everyone is starting defi now, so all the old ones will go away and all the new ones will start. Only big ones and old ones that are left will be the ones that have a chain that supports defi system, all those etheruems and bnb and alike will be there and that is what I think will be the biggest coins. Bitcoin will of course be at the top, nobody will beat that anytime soon I think bitcoin will always be at the top no matter what.

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[Tokenista]

Soap is DeFi
https://steemit.com/hive-182150/@punicwax/soap-is-defi

[TimeTeller]

I believe that DeFi is waiting for further development and implementation in various areas. It is also worth noting that DeFi became popular very quickly and is now bringing excellent profits, as well as making finance more accessible in the world for different people from different countries. The introduction of DeFi into social media will allow you to start monetizing your content even better, easier and more profitably, and will also help more crypto adoption in the world.

In such way, the potential still high it's just waiting for full implementations and acceptance so far it's still in the early age and basing to how the market are moving,

there's always big chances for DeFi to bring another hypes, it's still depend from how the project based in this system will fully covered all those promise developments,

Regarding to wide acceptance, achievable as global market is always open for adoptions.

If DeFi platforms will truly implement their mission, this will be another big hit in the financial market.
However, there are so many crap DeFis that are only here to deceive their investors regarding high ROIs.
Only few will emerge victorious in this particular industry. And most of them will die down because they don't have products to offer in the first place.
We still need to see its valuable contribution in the community. Because right now, it seems that people are just after for the big gains from DeFi.

[Tokenista]

280 STEEM to be added in a few days to the market, we also have the Soap, Incense, etc, materials. So lots of stuff about to be made.

We are also breeding Religious Marijuana Strains, and will be breeding Dogs, Cats, etc.

One of our Tokens is about to be centered around a Dog, and another will be a Cat Currency.

This is something to think about, if I buy up a majority of the Coins, like say there are 500,000 and I buy up 475,000 or 495,000 for less than $0.01 each, less than $0.001 each even.

What that does is now increase the strength of my vote, so I am the one voting out most of the PUTI, so it makes it less accessible, more rare, and I am the one with it. But it still continues to get distributes.

So if I Buy 495,000 for less than $0.01 each and I set them all for sale at $5.00 each, and I just keep that up, then eventually the Buy orders will go up in value.

The more I personally hold, the more rare it gets. The higher I set the value, the higher people start having to go to buy it, and the people selling it start feeling like they are running out. Like they barely have any, and should have kept the ones they had when it was less than 1 penny each. And now they start buying it for more, a long with people who never had any.

[angrynerd88]

There's slant of Defi ventures additionally most of trick extend As it were few of them have real utilize case and can execute their destinations. Since exceptionally few have solid group with capability to realize their stage. So hunt for group that are really working on their project, not those groups that are working how to control their advertise. In case you'll be able see that their location is in until the end of time beta arrange, question in the event that they are genuinely working on their venture.

[Tokenista]

There's slant of Defi ventures additionally most of trick extend As it were few of them have real utilize case and can execute their destinations. Since exceptionally few have solid group with capability to realize their stage. So hunt for group that are really working on their project, not those groups that are working how to control their advertise. In case you'll be able see that their location is in until the end of time beta arrange, question in the event that they are genuinely working on their venture.

If you use the TRON SRs, with Steemit and TRX since they are now merged, the Liquidity Mining, so like POL Token, and other Crypto exchange Tokens. Then from there you can go into TRC10/20, Steem-Engine/Hive-Engine, etc.and the DeFi loan platforms, but then you would reinvest those into the others.

Having a DeFi loan by itself without the rest won't do much. And just staking for interest is like a Bank but maybe too slow for many.

[bitgolden]

If DeFi platforms will truly implement their mission, this will be another big hit in the financial market.
However, there are so many crap DeFis that are only here to deceive their investors regarding high ROIs.
Only few will emerge victorious in this particular industry. And most of them will die down because they don't have products to offer in the first place.
We still need to see its valuable contribution in the community. Because right now, it seems that people are just after for the big gains from DeFi.

It doesn't mean that there are crap ones, it matters that there are good ones, because the good ones will keep growing bigger and bigger, we are talking about only BSC having 12 billion dollars locked, that is not a small amount but that is not a huge amount neither, we need something better for that to become a financial system disruption.

It means we have a long way to go, we need to reach 100x of this, which would be 1 trillion dollar locked, I am not saying we should invest that much, we should invest even more, I am saying we should have that much only locked, because that is the level where we could actually say we are disrupting what banks and other financial places are doing. What is the point of not dealing with banks and so forth if not to build something of our own, I like defi and I think it will continue to be something special for a long time.

[Tokenista]

If DeFi platforms will truly implement their mission, this will be another big hit in the financial market.
However, there are so many crap DeFis that are only here to deceive their investors regarding high ROIs.
Only few will emerge victorious in this particular industry. And most of them will die down because they don't have products to offer in the first place.
We still need to see its valuable contribution in the community. Because right now, it seems that people are just after for the big gains from DeFi.

It doesn't mean that there are crap ones, it matters that there are good ones, because the good ones will keep growing bigger and bigger, we are talking about only BSC having 12 billion dollars locked, that is not a small amount but that is not a huge amount neither, we need something better for that to become a financial system disruption.

It means we have a long way to go, we need to reach 100x of this, which would be 1 trillion dollar locked, I am not saying we should invest that much, we should invest even more, I am saying we should have that much only locked, because that is the level where we could actually say we are disrupting what banks and other financial places are doing. What is the point of not dealing with banks and so forth if not to build something of our own, I like defi and I think it will continue to be something special for a long time.

This is True.

If we look at Steemit as a Case in Point,

1. It was as novel as Bitcoin after Bitcoin, it was based on Bitshares and OpenLedger which was also as novel as Bitcoin after Bitcoin, but with Steemit this Graphene Blockchain framework was used not to hold up the OpenLedger Asset market, but instead a Blogging website modeled after Reddit

2. At first, coins were worthless, then less than a Penny, then a Penny, then $0.15, etc. Anyone who brought $1,000 into the market was called a "Dolphin", because of the Market "Whale" terminology. And Minnows, Dolphins and Whales became an Ecosystem.

3. The Peace, Abundance, Liberty (PAL) Network was created by Aggroed, who used Graphene to build Steem-Engine. This galvanized Minnows, giving them the ability to come together to be Dolphins and Whales, as an organized group.

4. Anarcho-Capitalists took over, Withdraw Bridge Tolls were all but eliminated, and Steemit, Inc, sold to Justin Sun. This caused a Political War on the Platform, with the Anarcho-Capitialists going to HIVE. Aggroed kept a presence on both, but largely moved to HIVE.

5. All the STEEM they had locked on accounts, being used to upvote others, was put on the market and is flooded there now. That is why the price is low.

6. When a coin sits on the market it is like a weight on the market. As they are bought up, and put in the wallet, they now are in a system where those coins now choose who gets more coins. So taking them off the market and into wallets changes the market dynamic completely.

7. As we see more and more people with 100,000 STEEM, 1,000,000 STEEM, like 200 people in Whale and Dolphin Roles, things will be like they were.


There is an equally identifiable reverse issue:

1. A New Coin has no market (only recently solved by the DEX, Steem-Engine being a massive step).

2. A New Coin must have people holding it asking "What can I do with these", so there can actually be an issue with too few markets, and too few buyers that keeps prices low. Then there is a deeper issue of it being in too few hands.

3. Once it gets on a market, it needs people to buy. A Token with no buy back model offers nothing for holders from itself. Buy back and burn is better. An example is the Massive Bitcoin holdings presumed to be Satoshi's from when only a few people were mining Bitcoin, and just for fun in a Coding Terminal. This account holds enough Bitcoins to bring down the market, maybe the market has overcome it now, but if it were dropped on the market it would be a big hit. And it just sits there, basically acting as a burn until the owner decides to start taking them out. I assume the U.S. Gov has lots from the Silk Road, etc too.

4. Speaking of the Silk Road, that is really what made Bitcoin real. Then people were paying for hitmen and body parts, and it got too real. But the Government likely has lots of coins. And news of acceptance, and even bans by a Government, can raise value.


In this you can see that a Coin has certain barriers to first being held, being trade-able, and then having value.

This is overcome by having something at the center already. A website like Steemit, maybe a game, game Currencies will make great market Tokens, and then Organizations and Corporations. These things having coins secondary, is what will make the new generation of Crypto.

[bitcon]

The defi-sector is now only at the initial stage of its introduction into our life. The industry is so promising for development that it simply has to surprise us further. In the future, we will see more and more new Defi proposals. With the passage of time, technologies will only improve, even now we see how the crypto world is changing ordinary means of payment for tools to facilitate the work and life of humanity in general.

And our main task is to choose worthy products for investment.

[perfect999]

Everyone watch TRX and Steemit too. I am not well aware of the TRC Tokens now being deployed by Steemians, but I am sure the combination of TRX and STEEM in the wallet will be synergistic for both.

I think I have heard of this once that Tron and Steemit has been joined together ,after the later was bought by Justin Sun. It’s going to be really good collabo in the future. The TRX team are seriously pushing to be everywhere and attract investors. They really have these plans to make sure that TRX is going to be one of the coins at the top, even though it’s going to a difficult feat to achieve, but I still see them heading there with their hard work.

Unfortunately, so far TRX has missed the bull run in this crypto space hence we can expect TRX to join other coins like doge/ada in the remaining months of 2021.

[Tokenista]

Everyone watch TRX and Steemit too. I am not well aware of the TRC Tokens now being deployed by Steemians, but I am sure the combination of TRX and STEEM in the wallet will be synergistic for both.

I think I have heard of this once that Tron and Steemit has been joined together ,after the later was bought by Justin Sun. It’s going to be really good collabo in the future. The TRX team are seriously pushing to be everywhere and attract investors. They really have these plans to make sure that TRX is going to be one of the coins at the top, even though it’s going to a difficult feat to achieve, but I still see them heading there with their hard work.

Unfortunately, so far TRX has missed the bull run in this crypto space hence we can expect TRX to join other coins like doge/ada in the remaining months of 2021.

More affordable to buy into to put TRX towards SRs though. The lack of price spike, might be due to the free flow of TRX. There is a lot out there.

[Tokenista]

I will be creating guides for everyone soon.

[wiss19]

In such way, the potential still high it's just waiting for full implementations and acceptance so far it's still in the early age and basing to how the market are moving,

Yup, I think with time there will be better ways for Defi’s to be improved on. A lot of people believed that Defi’s are are failed projects due to one reason or the other, but since they are still new to the market, so I can’t say for sure, and now we have the Tron features that are offering Defi, let’s see how everything is going to be improved , cause I know for sure that there are still more to come about this.

Like ICO and then IEO, I speculate that defi hype also will become faded out over the time when some other hype will be rising up. Because, this is how this crypto space is moving forward and nothing will last forever here; I am very much sure about that.

[zasad@]

Defi is highly dependent on institutional investors and regulators. If many problems are resolved at the legislative level and the rules of the game are defined,
then more institutional investors will be able to enter this market.
The initial stage in 2020 has already been passed. The main thing is that more fundamental projects appear, and not the farming tokens or NTF.

[Tokenista]

Just to remind everyone

And mentioning Loop Mining, it could also have a Future.

Right now there is a project with like RICH and the other Token is called SMART. But you Buy 1, and use it to mine the other, but the first 1 is only part released so now you have the option of selling what you just mined, or now staking and buying up everyone's then staking to mine the most in round 2.

SUN is being done in this model, there was Sowing Sun, and it is going on from there.

But, if you had a Dividend in there, it could last.

So, I release 10% of Dividend Stocks (Token A) for a new exchange in Smart Contract Token form. Now, that Token can be send and frozen in Token B's Contract to mine Token B.

Token B is not easy to mine, maybe even with higher rewards as more is staked, but diminishing returns. So it is like not sharpening a blade when chopping trees, the more you go, the harder it gets as it dulls; but this is more like 100 axes, added hour by hour, with there being a number of axes getting good returns and each getting less and less as the new ones are added. So as an investor puts more of their Token A into mining they get more back, but with a shrinking upward strength of hash per Token A added. Investors still get their dividend, if they own 10% of the 10% of Token A released, they continue to get 1% of exchange fees as they mine.

And 100 people could be sharing these Token As, but each Token A would be the same strength for everyone who stakes 1. But if someone stakes 2, they are 1.5x as stake weighted, then 3 staked gives them a 1.75 stake weight, etc. This gives scarcity, and buy incentive, and deters 51% takeover. Token A would be your choice to sell whatever % you want, but if someone takes 51% of Token B, it ruins Token B, and C. You should want no Token to have a 50% ownership by any individual unless it is Dead, or a Charity/Bounty Coin. It used to be if someone got 51% of a PoW or PoS Alt they wrote it an Obituary.

But people want to Buy your Token A from you both so

1. They can Mine Token B

2. They can get Dividends

Now, you can choose to sell more of your 90% of Token A, but you would not use it to mine Token B. The owner would want to let the investors mine Token B. You could also have Token B or C mine Token A; but then you do a B or C ICO type offering after the B mining, or you don't earn anymore yourself except your % fees as the creator, so Selling A and the rest being Investors would be best.

Now, having sold your 90% or just 50% of the total, maybe you have 30% left, whatever it is. You can now go start a new project.

And you can make it where Token B mines Token C, which could be anything. An upcoming game coin, a Dividend Stock Coin, Premine PoS on a new Blockchain, whatever Token C is, anyone holding Token B can get it.

And Token B could release 100 per year, over 20 years, so now your company has people there for 20 years earning.

And this could be the base for so much more for a company, but that is the kind of Loop Mining that could really be useful.

[Lmaooo]

The reality is the DeFi is going to the moon because if you look closely on DeFi platforms you'll notice the projects are making more money than any other. If you look at DeFi platforms such as UniSwap, SushiSwap, PancakeSwap, SpaceSwap, StakeDAO, 1inch, Compound, and more ... They are making money like crazy. These platforms are trading billions of dollars everyday with billions of dollars in liquidity as well.

[TastyChillySauce00]

The reality is the DeFi is going to the moon because if you look closely on DeFi platforms you'll notice the projects are making more money than any other. If you look at DeFi platforms such as UniSwap, SushiSwap, PancakeSwap, SpaceSwap, StakeDAO, 1inch, Compound, and more ... They are making money like crazy. These platforms are trading billions of dollars everyday with billions of dollars in liquidity as well.

Also need to take account that these platforms run automatically without the need of people intervention and these platform happen to generate really promising profit they get it in full, but the profit generated also goes to the community aswell like the liquidity provider so can't really say that they are making money like crazy, I think what makes most of these dex really promising is their own token or coin.
If it's profit, I believe CEX still surpass these DEX in term of profit making, just see binance, making billion and billions of dollars within a year and that's net profit.

[Tokenista]

And just to expand on the Bus/Train ticket concept...

There would be 2 mechanisms of getting them, maybe more (they could be earned from the Government and Mined)

But the Tickets would likely need to keep a set Token value or completely free the Tickets from the value and have it be a certain USD amount, so no one ever feels like they paid too much for their Tokens unfairly. Meaning, a lot of thought should go into the price of the tickets, for USD and Tokens, when doing this, because that is the key.

Currency changes value, so if you allow people to mine the Coin and it starts off Worthless, then gets on the market. People will trade them on the market.

So if you look at Bitshares and OpenLedger, it has Tokenized Assets, User Issued Assets (UIAs). These were created to be like Concert Tickets, or Coupons at the State Fair. But instead now they are basically just Brownie Points.

The Bus Ticket would create inherent value to the Currency. So if I mine on day 1, and there are only 20 others, I get 1/20 of the block reward. Then maybe 3 days later 2,000 people, and a month later 50,000 people join. Since I was there on day 1 I am kind of a stake holder.

And that person who was part of the 1/20 can sell theirs on the market, where maybe I can go buy them at 1 Penny each, but maybe 30 days on the market those things I paid 1 Penny for, are now $1 each.

So at some point maybe 1 Token could buy 5 Tickets, if it gets to like $10-$30.

And I could buy them for a Penny, let it go up, and never sell. Or trade them all for Bus Tickets. If  I buy $100 in Tokens at 1 Penny each and those go to $1 each, I can give that to the Governmemt for Bus Tickets, and they can go resell it.



And someone could argue, "well what about when it goes to a Dollar and everyone sells to the Government for Bus Tickets at massive discount?"

I think the Public Transportatiom would say "Good, let them hold tons of tickets, get on the Bus" and there could be like a 30 day stipulation, causing people to give tokens to friends to buy it on their accounts, and "the more the merrier" I think would be what the Public Transit people would say.

And then if the Government just eats all that, that actually hold up the value. Because they aren't hitting the market unless the Government wants.

They could also sell them at the high prices, creating walls so the price does not go too high. And trade them for Bitcoins, etc.

To expand on the transportation model, attaching coins to something other than the community around it, or a Coin based website or Ecosystem, like Steemit and TRON. But instead an "other" thing apart from itself which supports the existence of a community.

Uber and Lyft Coin would make prime examples, but any company could do this, I myself and making it part of a Hindu Ministry.

Uber or Lyft could launch Uber and Lyft Coin, and they could distribute as "2 Coins released to Driver per 20 miles driven" or whatever, maybe 5 Coins, or 5 miles, or just per ride given. So now there is an incentive to become a Driver.

And Uber and Lyft could say "each Token is 1 Free Ride", so now people are mining coins by driving people around, maybe even just to save money. And if they wanted that could be limited time, just to get people signed up as drivers, then the coins go on the market, and Uber/Lyft start accepting them at face value instead of 1 per ride. And maybe they go up to $100 each, but you have to Drive to earn any.

And this then is how Humans and robots can live side by side.

People act like Working Americans should be ashamed to be replaced by a robot, should feel emasculated even. Like you aren't useful, but I say "Let the Machines do the Work".

Blockchain Bots, running blogs, finding music, browsing maps, creating image galleries, etc, etc, etc. Will earn money for the regular person, the same way a Burger flipping bot replaces the Minimum Wage Grill Cook or Fast Food employee to earn money for the Franchisee.

If you look at the Dr. Otto Bot on Steemit, that is one example. Lots of Steem bots are good examples, and I will expand on this soon.

But people seem to be afraid that if the Dregs aren't Working, we will all be doomed. But History shows us that when the Dregs aren't working but have stations in life, they get smarter (which is what they are really worried about) and the World advances.

Hence "Renaissance man" being a term meaning this. Someone might have $50,000,000 and be like "I'm driving Uber today because I don't want to miss out on this price spike".

[Tokenista]

What my Wife and I are about to do, is trade Soap, Oils, Incense, Candles and other Religious, Ritual, Theurgical products on Etsy, and we will also accept STEEM, BLURT, HIVE, PUTI (Steem-Engine), PUCO (TRC10), then soon Hive-Engine, and a cross Chain Steem-Engine Token pegged to the Hive-Engine Token. We will also create a TRC20, and ERC20.

Then we will clone ETH, Ethereum is the easiest coin to clone because of the Testnet framework. With Litecoin and Bitcoin it is not much harder, but understanding the Nnonce and Genesis Hash, and all that stuff to get it started can be confusing. With Ethereum you just make a Testnet, which is made easy to do because ETH is for Developers, so it is meant for someone to launch a Testnet, make coins easy to get, mine lots so they can then developers their app and test it with large amounts of Coins moving through it.

So you make a Testnet, but with a Genesis Hash, just meaning you open a node with no one else there, and Hash at Block 0 instead of synching with a chain. Then you have a genesis block that you can then connect to, an open node on a new chain. Which could just still be a testnet, but then you invite others to mine it, Develop a Wallet, a Mist Browser, a Metamask or TRON Link alternative, etc. Here on Bitcointalk it is usually easy to get an ETH Clone into a good sized mining pool, then get enough users and get added to an Exchange.

But we will be doing that, and creating other Tokens, and teaching people how all of this works at the same time, while also creating our own making pools, and inviting other people to create Mining Pools, Tokens and Blockchains.

Then we will start creating exchanges while getting on exchanges and teach everyone how to work together to move the markets up and down to make money and move everything around.

While trading these currencies for Soap, etc.

[Tokenista]

This is from FranklinPapers.org and was written by Benjamin Franklin, the one on the $100 Bill

"Sect. I. Of Liberty and Necessity.

I. There is said to be a First Mover,who is called God, Maker of the Universe.

II. He is said to be all-wise, all-good, all powerful.

These two Propositions being allow’d and asserted by People of almost every Sect and Opinion; I have here suppos’d them granted, and laid them down as the Foundation of my Argument; What follows then, being a Chain of Consequences truly drawn from them, will stand or fall as they are true or false.

III. If He is all-good, whatsoever He doth must be good.

IV. If He is all-wise, whatsoever He doth must be wise.

The Truth of these Propositions, with relation to the two first, I think may be justly call’d evident; since, either that infinite Goodness will act what is ill, or infinite Wisdom what is not wise, is too glaring a Contradiction not to be perceiv’d by any Man of common Sense, and deny’d as soon as understood.

V. If He is all-powerful, there can be nothing either existing or acting in the Universe against or without his Consent; and what He consents to must be good, because He is good; thereforeEvil doth not exist.

Unde Malum? has been long a Question, and many of the Learned have perplex’d themselves and Readers to little Purpose in Answer to it. That there are both Things and Actions to which we give the Name of Evil, is not here deny’d, as Pain, Sickness, Want, Theft, Murder, &c. but that these and the like are not in reality Evils, Ills, or Defects in the Order of the Universe, is demonstrated in the next Section, as well as by this and the following Proposition. Indeed, to suppose any Thing to exist or be done, contrary to the Will of the Almighty, is to suppose him not almighty; or that Something (the Cause of Evil) is more mighty than the Almighty; an Inconsistence that I think no One will defend: And to deny any Thing or Action, which he consents to the existence of, to be good, is entirely to destroy his two Attributes of Wisdom and Goodness.

There is nothing done in the Universe, say the Philosophers, butwhat God either does, or permits to be done. This, as He is Almighty, is certainly true: But what need of this Distinction between doing andpermitting? Why, first they take it for granted that many Things in the Universe exist in such a Manner as is not for the best, and that many Actions are done which ought not to be done, or would be better undone; these Things or Actions they cannot ascribe to God as His, because they have already attributed to Him infinite Wisdom and Goodness; Here then is the Use of the Word Permit; He permitsthem to be done, say they. But we will reason thus: If God permits an Action to be done, it is because he wants either Power or Inclination to hinder it; in saying he wants Power, we deny Him to be almighty; and if we say He wants Inclination or Will, it must be, either because He is not Good, or the Action is not evil, (for all Evil is contrary to the Essence of infinite Goodness.) The former is inconsistent with his before-given Attribute of Goodness, therefore the latter must be true.

It will be said, perhaps, that God permits evil Actions to be done, for wise Ends and Purposes. But this Objection destroys itself; for whatever an infinitely good God hath wise Ends in suffering to be, must be good, is thereby made good, and cannot be otherwise.

VI. If a Creature is made by God, it must depend upon God, and receive all its Power from Him; with which Power the Creature can do nothing contrary to the Will of God, because God is Almighty; what is not contrary to His Will, must be agreeable to it; what is agreeable to it, must be good, because He is Good; therefore a Creature can donothing but what is good.

This Proposition is much to the same Purpose with the former, but more particular; and its Conclusion is as just and evident. Tho’ a Creature may do many Actions which by his Fellow Creatures will be nam’d Evil,and which will naturally and necessarily cause or bring upon the Doer, certain Pains (which will likewise be call’d Punishments;) yet this Proposition proves, that he cannot act what will be in itself really Ill, or displeasing to God. And that the painful Consequences of his evil Actions (so call’d) are not, as indeed they ought not to be, Punishments or Unhappinesses, will be shewn hereafter.

Nevertheless, the late learned Author of The Religion of Nature,(which I send you herewith) has given us a Rule or Scheme, whereby to discover which of our Actions ought to be esteem’d and denominated good,and which evil: It is in short this, “Every Action which is done according to Truth, is good; and every Action contrary to Truth, is evil: To act according to Truth is to use and esteem every Thing as what it is, &c. Thus if Asteals a Horse from B, and rides away upon him, he uses him not as what he is in Truth, viz. the Property of another, but as his own, which is contrary to Truth, and therefore evil.” But, as this Gentleman himself says, (Sect. I. Prop. VI.) “In order to judge rightly what any Thing is, it must be consider’d, not only what it is in one Respect, but also what it may be in any other Respect; and the whole Description of the Thing ought to be taken in:” So in this Case it ought to be consider’d, that A is naturally acovetous Being, feeling an Uneasiness in the want of B’s Horse, which produces an Inclination for stealing him, stronger than his Fear of Punishment for so doing. This is Truthlikewise, and A acts according to it when he steals the Horse. Besides, if it is prov’d to be a Truth, that A has not Power over his own Actions, it will be indisputable that he acts according to Truth, and impossible he should do otherwise.

I would not be understood by this to encourage or defend Theft; ’tis only for the sake of the Argument, and will certainly have no ill Effect. The Order and Course of Things will not be affected by Reasoning of this Kind; and ’tis as just and necessary, and as much according to Truth, for B to dislike and punish the Theft of his Horse, as it is for A to steal him.

VII. If the Creature is thus limited in his Actions, being able to do only such Things as God would have him to do, and not being able to refuse doing what God would have done; then he can have no such Thing as Liberty, Free-will or Power to do or refrain an Action.

By Liberty is sometimes understood the Absence of Opposition; and in this Sense, indeed, all our Actions may be said to be the Effects of our Liberty:But it is a Liberty of the same Nature with the Fall of a heavy Body to the Ground; it has Liberty to fall, that is, it meets with nothing to hinder its Fall, but at the same Time it is necessitated to fall, and has no Power or Liberty to remain suspended.

But let us take the Argument in another View, and suppose ourselves to be, in the common sense of the Word, Free Agents. As Man is a Part of this great Machine, the Universe, his regular Acting is requisite to the regular moving of the whole. Among the many Things which lie before him to be done, he may, as he is at Libertyand his Choice influenc’d by nothing, (for so it must be, or he is not at Liberty) chuse any one, and refuse the rest. Now there is every Moment something best to be done, which is alone then good, and with respect to which, every Thing else is at that Time evil. In order to know which is best to be done, and which not, it is requisite that we should have at one View all the intricate Consequences of every Action with respect to the general Order and Scheme of the Universe, both present and future; but they are innumerable and incomprehensible by any Thing but Omnis-cience. As we cannot know these, we have but as one Chance to ten thousand, to hit on the right Action; we should then be perpetually blundering about in the Dark, and putting the Scheme in Disorder; for every wrong Action of a Part, is a Defect or Blemish in the Order of the Whole. Is it not necessary then, that our Actions should be over-rul’d and govern’d by an all-wise Providence? How exact and regular is every Thing in the natural World! How wisely in every Part contriv’d! We cannot here find the least Defect! Those who have study’d the mere animal and vegetable Creation, demonstrate that nothing can be more harmonious and beautiful! All the heavenly Bodies, the Stars and Planets, are regulated with the utmost Wisdom! And can we suppose less Care to be taken in the Order of the moralthan in the natural System? It is as if an ingenious Artificer, having fram’d a curious Machine or Clock, and put its many intricate Wheels and Powers in such a Dependance on one another, that the whole might move in the most exact Order and Regularity, had nevertheless plac’d in it several other Wheels endu’d with an independent Self-Motion, but ignorant of the general Interest of the Clock; and these would every now and then be moving wrong, disordering the true Movement, and making continual Work for the Mender; which might better be prevented, by depriving them of that Power of Self-Motion, and placing them in a Dependance on the regular Part of the Clock.

VIII. If there is no such Thing as Free-Will in Creatures, there can be neither Merit nor Demerit in Creatures.

IX. And therefore every Creature must be equally esteem’d by the Creator.

These Propositions appear to be the necessary Consequences of the former. And certainly no Reason can be given, why the Creator should prefer in his Esteem one Part of His Works to another, if with equal Wisdom and Goodness he design’d and created them all, since all Ill or Defect, as contrary to his Nature, is excluded by his Power. We will sum up the Argument thus, When the Creator first design’d the Universe, either it was His Will and Intention that all Things should exist and be in the Manner they are at this Time; or it was his Will they should be otherwise i.e. in a different Manner: To say it was His Will Things should be otherwise than they are, is to say Somewhat hath contradicted His Will, and broken His Measures, which is impossible because inconsistent with his Power; therefore we must allow that all Things exist now in a Manner agreeable to His Will, and in consequence of that are all equally Good, and therefore equally esteemed by Him.

I proceed now to shew, that as all the Works of the Creator are equally esteem’d by Him, so they are, as in Justice they ought to be, equally us’d."