In our crypto journey we have reached the point where banks are not needed, stock exchanges are not needed, the Federal Reserve is not needed. Everything can be replaced with crypto. The old financial system is collapsing. We want it to be replaced with decentralized crypto, those in power want to stay with it and replace the old system with a centralized crypto system. Our chances are slim. The optimal solution would be to allow both systems to operate simultaneously. People should have a choice. There is a tiny chance that this will happen. The creation of the Federal Crypto Reserve and Trump's investments in DeFi are minor indications of this.
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MORE POWAH TO DA PEEOPLE!!!
Though our chances may be slim and though the crypto space may not truly flourish until a few more years, including web3 reaching half-way to it's potential, i am happy that we have now made it to 2025.
For a while now we've known this year to be a milestone marker. From here on out web3 will see progress in leaps and bounds. At least we have seen the change come and some have taken the opportunity to jump on. I will make a vid on this prob this weekend.
What are your thoughtts on Trump's DeFi plays?
I haven't delved into it. My guess is that as a rich guy he will lend to others and make money from it. Just one thing makes me wonder, if as president he is going to introduce CBDC as many people say, why is he investing in DEFI? One is the opposite of the other