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Author Topic: Our new economic model could be defi  (Read 422 times)
TheGreatPython
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December 19, 2020, 04:32:04 PM
 #61

A world where DeFi is the new economics would be one where there is no such thing as government, because I don’t think the government would be there and not want to be in charge of controlling the economical aspects of things. What makes them the government if they are not going to be in charge? You should learn about DeFi , it is different, it means decentralized finance and anything that’s decentralized is the opposite of what the government wants, which is centralization.

So, you see one of the reasons why this your thoughts are not possible. Unless it’s going to be a completely free world where anyone can do whatever they want, if not, that’s not going to happen.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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December 19, 2020, 05:59:14 PM
 #62

DeFi and Bitcoin are good for me because I have already been testing them for a year. I live in a country with high inflation and both have worked perfectly. I have been able to live day to day with crypto. Not paying directly with bitcoin for my goods and services but by exchanging them in the P2P exchanges but only those I need for each occasion.
What were my results?
I bought my first SmartPhone and Tablet that I would never buy with the income of my local currency, being a country with high inflation, when you want to save is almost impossible. But I did it by investing in crypto in a Staking program and that's where DeFi participates. While Bitcoin allowed me to get ahead in my country with a depreciated economy and also with the difficult situation of the pandemic that still afflicts us around the world.

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December 20, 2020, 11:14:42 AM
 #63

A world where DeFi is the new economics would be one where there is no such thing as government, because I don’t think the government would be there and not want to be in charge of controlling the economical aspects of things. What makes them the government if they are not going to be in charge? You should learn about DeFi , it is different, it means decentralized finance and anything that’s decentralized is the opposite of what the government wants, which is centralization.

So, you see one of the reasons why this your thoughts are not possible. Unless it’s going to be a completely free world where anyone can do whatever they want, if not, that’s not going to happen.
You are wrong, if you read my project, you will see that….
Project extract http://prosh.ru/smartcontract.html
27. The project completely lacks any regulator. The main advantage of the project is that ETH owners manage their financial assets without sending them anywhere other than their addresses connected to the smart contract, or only for the necessary initial connection, and also if they only need ETH-WORLD tokens.
themohit
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December 20, 2020, 01:41:11 PM
 #64

When they say that fiat debt based not good...
But I know and Everybody knows Bitcoin is not solution...
Defi could be the new solution for the New economic system.
Your money can do more for you and the defi are very well together with stable coins.
I dont think that DEFI is just quick scam... I think it has some bigger meaning.
We can't know is defi based economy will eventually work out until we try it.
But I just don't believe any country could decide to switch to defi like cold turkey.
It must be a gentle process with constant supervision

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December 20, 2020, 01:58:56 PM
 #65

A world where DeFi is the new economics would be one where there is no such thing as government, because I don’t think the government would be there and not want to be in charge of controlling the economical aspects of things. What makes them the government if they are not going to be in charge? You should learn about DeFi , it is different, it means decentralized finance and anything that’s decentralized is the opposite of what the government wants, which is centralization.

So, you see one of the reasons why this your thoughts are not possible. Unless it’s going to be a completely free world where anyone can do whatever they want, if not, that’s not going to happen.
You are wrong, if you read my project, you will see that….
Project extract http://prosh.ru/smartcontract.html
27. The project completely lacks any regulator. The main advantage of the project is that ETH owners manage their financial assets without sending them anywhere other than their addresses connected to the smart contract, or only for the necessary initial connection, and also if they only need ETH-WORLD tokens.
One way or another, the state "machine" cannot afford to give people complete independence. By any means, passing certain laws, they will do everything possible to control the incomes and expenses of citizens, while hiding behind various reasons, such as fighting corruption or money laundering.
Rk83768
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December 20, 2020, 04:12:42 PM
 #66

Yes, Defi 20 Century Technology DeFi is utilizing implemented using blockchain ecosystem will provide the user with full control of their assets. It will add transparency stabilization and efficiencies to global finance.deFi also referred to Open finance is ecosystem.
VictorProsh
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December 21, 2020, 12:26:45 AM
 #67

A world where DeFi is the new economics would be one where there is no such thing as government, because I don’t think the government would be there and not want to be in charge of controlling the economical aspects of things. What makes them the government if they are not going to be in charge? You should learn about DeFi , it is different, it means decentralized finance and anything that’s decentralized is the opposite of what the government wants, which is centralization.

So, you see one of the reasons why this your thoughts are not possible. Unless it’s going to be a completely free world where anyone can do whatever they want, if not, that’s not going to happen.
You are wrong, if you read my project, you will see that….
Project extract http://prosh.ru/smartcontract.html
27. The project completely lacks any regulator. The main advantage of the project is that ETH owners manage their financial assets without sending them anywhere other than their addresses connected to the smart contract, or only for the necessary initial connection, and also if they only need ETH-WORLD tokens.
One way or another, the state "machine" cannot afford to give people complete independence. By any means, passing certain laws, they will do everything possible to control the incomes and expenses of citizens, while hiding behind various reasons, such as fighting corruption or money laundering.
You are right if the state does not have leverage on its taxpayers directly, it will find other legal options for levying taxes.
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