We’re already in the second half of January, and many are wondering what’s in store for crypto this year. Are we going to see more decentralized finance, or is the system going to reclaim its power? Here to discuss this is former Bloomberg reporter, Matt Leising, who discusses some of the implications of currency decentralization—the most impactful one being that the middle man is eliminated. Matt explains why this is such a game changer, and how smart contracts speed up the transaction process; additionally, crypto helps to eliminate Western Union fees and allows for the seamless transport of money to/from places with fewer banks. Matt emphasizes that crypto is not an attempt to replace the current monetary system, but that it offers a viable alternative for those wanting to protect their capital against inflation and unforeseen obstacles in the economy.
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