/biz/ - Business & Finance

>>27409823
>*question about defi in emerging markets*
>This is one of the things that I’m personally very excited about, because I think its going to change the world and peoples lives in a much more significant way than people today realize, even in possibly the defi ecosystem itself. I think that the real blueprint for this is what the internet did for information for the emerging market, and that people that previously didn’t have access to books, you know to paper reading materials, now through a $50 android phone have access to wikipedia and YouTube videos from Stanford courses. And I think that that has been an immense immense contribution to society, all over the world, from the invention of the internet. I would say that its possibility one of the best and biggest things the internet has done for the world, is its spread the worlds information to everybody on a much more equal footing, and has enabled people to gain an education, understand the world, communicate with each other, not to mention what it has done to e-commerce and ability accelerate global trade. I think what smart contracts and what was at some point called the internet of contracts, is going to do for the emerging market, is its going to make that same size of impact, but on peoples financial lives.