This article, composed of several literal modules, explores the natural evolution of DeFi as we know it. Advancing from Ethereum and other pockets of DeFi to a more robust Bitcoin-based solution could allow millions to participate in the most egalitarian redistribution of wealth in history. The story starts by describing a challenge Bitcoin and DeFi could solve and provide an alternative to current banking systems, which are not accessible to some.
Part 1 – Prologue and Introduction
Part 2 – DeFi CeFi comparison
Part 3 – Benefits of a Bitcoin-based DeFi system
Part 4 – Meet Sovryn, the most feature-rich platform for Bitcoin DeFi
Part 5 – Prerequisites for the Bitcoin DeFi and outro
Mickey Maler
If You have a Will to Win, You Will Win.
This article explores the natural evolution of DeFi as we know it. Advancing from Ethereum and other pockets of DeFi to a more robust Bitcoin-based solution could allow millions to participate in the most egalitarian redistribution of wealth in history. Bitcoin and DeFi can solve and provide an alternative to current banking systems, which are not accessible to some.
This series of modules is a sequence that can flow as one excessive article or provide standalone value individually.
- Part 1 – Prologue and Introduction
- Part 2 – DeFi CeFi comparison
- Part 3 – Benefits of a Bitcoin-based DeFi system
- Part 4 – Meet Sovryn, the most feature-rich platform for Bitcoin DeFi
- Part 5 – Prerequisites for the Bitcoin DeFi and outro
Vocabulary:
- DeFi: DeFi is short for “decentralized finance,” an umbrella term for blockchain applications geared toward disrupting financial intermediaries.
- CeFi: Centralized finance provided by banking systems as we know it.
- Blockchain: Additional technological layer above the internet that typically uses a network of distributed nodes worldwide.
- Bitcoin (uppercase): Bitcoin is a decentralized, peer-to-peer network capable of processing and securing the next iteration of global finance.
- bitcoin (lowercase): bitcoin is the…
