Are DApps the future?
Asked 4 years ago
Good morning fellow crypto enthusiasts! Do you reckon DApps are the future like many think DEX and DeFi is the future?
Lyric Carson
Tuesday, May 24, 2022
Well, in a progressive world of libertarians, DeFi remains the way forward and this is so for a lot of reasons. The first, of course, is centralization. How do you build the future on a system that represents, represses, yet serves at the same time? That would amount to a Marxian situation of many fetters and the need to be burst asunder. Financial inclusion and the cost of helping the helpless are increasingly coming to the forefront as burdens themselves. A more inclusive financial system that empowers users is more efficient especially when they know that their decisions can amount to something without unnecessary influence. It is more likely that centralized and decentralized finance will work side-by-side, but eventually, the final outcome should see decentralized finance taking the forefront in daily transactions as a matter of necessity.
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