DeFiant

Boom and Bust

The decentralized finance boom of 2020 showed the public’s appetite for disruption in the most important sector of the world’s economy. Whether it be Central Banks or entities like the World Bank and the IMF, most people were content to let those matters be handled by the experts. Sadly, they’ve done little to alleviate the recurring problems of the global system, and these failures leave people susceptible to austerity and cycles of poverty.

We see the same patterns playing out over and over. In a bygone era, it was Standard Oil trying to monopolize its industry and stifle…