Blockchain is the future for most of our social systems. Digital automation that the people control is a Godsend. This means the era of centralized finance is coming to an end. It is hard to hide its shortcomings and misdeeds any more. By pooling the peoples money into a “central” bank, it gives said bank much power. 

How easy is it to manipulate the markets when you are sitting on billions or trillions of dollars, or more in assets? 

Of those assets, how many are accrued from faulty loans? They only need 10% in reserves to give out a loan and, when the person defaults on their loan, the property purchased is now the banks… at a 90% discount! This is called fractional reserve banking.

This blatant disregard for humanity and rampant criminal activity can not continue, and blockchain technology(cryptocurrencies) are the solution.

Blockchain replaces the Banks

Being that most banking and finance now a-days is done digitally, it makes sense to move the whole system on digital rails. How many of us use plastic cards to make purchases or have “wallets” on our phone? (Samsung pay, Google pay, Apple pay, PayPal, you get the idea…) Since the framework is already there, it isn’t much of a stretch to rid ourselves of the intermediaries that are taking advantage of us.

That’s where cryptocurrencies come in.

Cryptocurrencies are a form of decentralized finance. Where the individuals participating in the network help the network run. Effectively making those who wish, to be their own bank.

I know many people have a funny association with “digital currencies” and, honestly, rightly so. This is where research is necessary to weed out the enslavement currencies, such as CBDCs, and find the gems that are working towards giving all of humanity more freedom. 

To mitigate the chances of a “digital currency of control” taking hold, here are the main criteria to look for:

        • Decentralized: Not governed by any one entity.(central banks or governments) It is governed by the collective itself, i.e., The People.
        • Open Source: The code is visible to the public, thus those with the knowledge are able to inspect the code, coming to a consensus and ensuring that no one party is taking advantage of the network. Nothing is hidden and thus any nefarious alterations to the code can be seen. 

Also, the community can look for problems with the code and offer fixes. This allowing for a community built network.

The sections ahead can be somewhat difficult for beginners, but I am making the best effort to make this information digestible. Even providing links to definitions and descriptions of newer concepts for those who wish to understand in depth.


The "Crypto" behind Cryptocurrency

I am speaking generally here, as there are variances of setups among the different projects. Different modalities to accomplish different tasks within the, eventual, over arching, interoperable “cryptoverse”
In the architecture of “cryptocurrencies”, networks are secured by way of a cryptographic structure known as “Blockchain”.

To make transactions upon the network, a node clumps together a number of transactions for processing and makes a “block”. Each block contains a certain specific set of information (the transactions) that is given a cryptographic code, based off the data it contains. 

This code acts as an “address” of reference, pointing to the block that came before. This “address” is encoded upon each block, thus pointing to the block before, creating a “chain”. Hence the name, “Blockchain”. A chain of blocks, containing the data of transactions made on the network, secured with cryptography.

Each node is given a copy of the blockchain to cross reference the transactions made on the blockchain.
Since this cryptography is based off of the data contained within the block, if you change one bit of information, the entire code (address of reference) changes, flagging the system and cutting off the node that is not aligned with the others. This effectively mitigates nefarious manipulation or alteration of the transactions.

This is the basic premise of “cryptocurrencies”, not including the smart contract aspect introduced by Ethereum.

What is Decentralized Finance?

crypto decentralised

(Left: all money goes to a central bank. (Center) The money is distributed into nodes (Right) all the nodes work together for the integrity of the network.

In a Decentralized Financial System, we the PEOPLE are the “banking” system and with that comes all of the tools of that system at our disposal as well. (asset management, lending, dividends, options trading, liquidity providing, etc.) Digitally handled within our own owned wallet and DEXs (Decentralized Exchanges).

In order for this to function properly, I see that POS(Proof of Stake) is the optimal protocol. This is where the collective pool their funds together into a node, and the node processes the transactions on the network. Then, every participant receives dividends based off of the transaction fees accrued by these nodes. 

This effectively allows all participants of the network to benefit from the functioning of the system. And, ideally, since it is all constructed from digital CONTRACTS written in code on an open source protocol, so there is little risk for manipulation of the network by altering code without others noticing.

And, since the stake holders retain custody over their funds, the node cannot manipulate the market by making big buys or sells on the market with your funds or do anything with your funds behind the scenes to generate profits for themselves.

Bitcoin was only the beginning

Bitcoin is NOT a Proof of Stake protocol.

Bitcoin was the “originator” of this decentralized currency concept, but that does not make it the most optimal. This should be obvious considering how technology and platforms evolve and get replaced by newer, more efficient technology as time goes on.

This bodes true in the blockchain space as well. Bitcoin laid the ground work, Ethereum improved upon the concept by adding “Smart Contracts” and even now, more efficient chains are in creation, learning from the mistakes made by their forerunners.

Bitcoin can be a sound money, but not a technology to replace a financial system. The digital age of finance needs an Operating System, not just a digital currency. A digital currency needs a digital structure or Operating System to run on.

I can not offer you financial advice, but I can give you pointers to potential projects to do your own research on, such as: CardanoSolanaZilliqa


There is great potential for a golden age of man. It appeasr that there is just as much of a chance for its alternative as well. We, as a species have a choice to make. Each individual makes their own choice and, at some point, the collect coice is made and manifests into the world.

What will you choose?

With that, I will leave you to ponder the future. 

Be sure to:

Peruse my website to learn more on the ins and outs of crypto. even how to earn crypto doing what you already do!


And be sure to continue to learn more and check out the many areas crypto and blockchain will disrupt!


Hopefully that helped someone understand better? Let me know what you think in the comments below!

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One Comment

  1. Discord is full of crypto projects and community communication. Most tokens and projects have a discord in which to learn and share information from

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