Decentralization as the Savior of Finance

Everything that is happening in the world is less and less normal. I’m not even talking about wars and conflicts - they’re not causes, they’re consequences.

We live in a world in which its basis is changing. Everything is changing: basic technology, morality, outlook, transport, ecology, climate, economy. Over the past few years, everything that seemed to be intact has been shaken.

What to do, civilization is evolving and looking for new points of equilibrium.

With other attributes of civilization, the financial system is changing. No matter how much we are told about the perfection of the fiat economy, just look at the government and corporate debt figures to understand that it is moving very quickly... you could have written "to the catastrophe", but it was more correct to say "towards big changes".

Perhaps the main problem of fiat money is the decision on the issue. The decision-making system is such that in all democratic procedures, the decision is always subjective. Sooner or later, it leads to a crisis.

The only cure for this is the decentralization that cryptocurrencies provide. 

Decentralization in the blockchain is not a lot of competing decision-making centers, it is an opportunity for multilateral supervision of all actions of the financial system. 

Decentralization ensures that the rules are followed without subjectivity.

It doesn’t matter who is in power—whether it's the left, the right, or, for example, artificial intelligence—a decentralized financial system will work equally efficiently and impartially.

What makes me particularly happy is that the blockchain can’t be asked to print new war money. However, this is true only for true decentralization, the proposed "state" cryptocurrencies are just surrogates.

#Decentralization #FinancialRevolution #EconomicShift #FiatCrisis #CryptocurrencyRevolution