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Banking without Banks: Decentralized Finance is Coming

Azeem Azhar's Exponential View

CHAPTER

The Power of Bit Coin

A. Wriht: The ability to control your assets with a cryptographicer mechanism is going to become the difference between having or not having assets. A few years back, you'll see that in greece, the a t ms were locked up, and whether you were an individual or a business, you could only withdraw 66 uros per day. So if at that moment an timeyou had that value in a cryptographically controlled token,whether that was a bit coin or some other token, or even a stable oin, you could immediately send a transaction that would move those assets in full. And once again, because the system is tamper proof and immutable and outside of the

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