Bankless Welcome To Bankless
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Mar 2, 2020 Dive into the world of cryptocurrency as the hosts unveil the bankless revolution! Discover how decentralized finance reshapes personal finance and challenges traditional banking systems. Learn about Bitcoin and Ethereum’s unique roles, and explore innovative tools like Monolith and Aave that empower users. Hear passionate tales of international payments and the push for financial sovereignty. This insightful journey promises clarity in a complex, rapidly evolving landscape, urging you to embrace financial freedom!
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Bankless Definition
- "Bankless" means less reliance on banks, both central and commercial.
- It promotes self-sovereignty in personal finance using internet protocols.
Crypto Protocols
- Crypto protocols, like the U.S. Constitution, are sets of credibly neutral rules.
- Unlike traditional finance, these rules are embedded in code, making them immutable and transparent.
Credibly Neutral Money
- Traditional monetary policy is controlled by a small, unelected group.
- Crypto protocols offer a transparent alternative where the rules are visible to everyone.