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  • Well let's talk about that split because you mentioned Andreas and again he was back on our show in 2015 17 and 19 and he's talking about this concept of defy he's not using that term because I hadn't been adopted yet.

  • But he's talking about this future infrastructure where we could you know program things and build things and it's going to change the world.

  • And it was interesting how you said early on that all that has now become true but it didn't actually happen on the Bitcoin platform.

  • It happened on ethereum and maybe you could explain that to people who maybe are either new to this space or don't understand why that happened and why you think that is also what's going to continue to happen.

  • But it was listen to Andrea's aunt Annapolis and reading through uh you know the internet of money, all of his books that he's written on Bitcoin, he talked about that the first layer of technology from this point forward is always going to be money because obviously we all know money makes the world go round and everything ultimately gets back to money.

  • And because of that any technology that comes from this point forward is going to help kind of the rails of money to move faster because I mean we're still using basically the same technology to transfer money that you know for decades now when we have better technology as you know, the central bank's kind of run the world that probably has a lot to do with it.

  • Bitcoin was kind of supposed to solve that Bitcoin was supposed to be the internet of money.

  • It was supposed to be the way that people transact from this point forward.

  • But unfortunately That did not happen why?

  • Because I've got a friend, Jacob Canfield, who bought a mattress on overstock.com when they started accepting Bitcoin back in 2016.

  • He bought a mattress that in 2017 was worth $400,000 today.

  • That mattress is worth over a million dollars.

  • The number one use case of Bitcoin is defined by Bank of America in a recent report is that it goes up in value, it appreciates in value.

  • You're not gonna want to use Bitcoin to send money because having the Bitcoin itself is more valuable.

  • And that's easily reflected in my story to where if you look back at how much money I would have had if instead of buying the software, if I just would've bought the Bitcoin would have millions of dollars.

  • But instead I just had the software and so people have got to the point where they don't want to spend their Bitcoin.

  • Now there is, we work with a company called crypto dot com where we have a metal Visa card and we take some profits sometimes and use that card.

  • We support them.

  • We think it's good but we know in the back of our mind all the money that we do spend is money that eventually would be worth more.

  • But during since Bitcoin's got these bull and bear cycles, it makes sense to lock in some profits sometimes by doing that.

  • But overall Bitcoin is not the future of decentralized finance, decentralized finance is what Andres Angelopoulos was actually defining five years ago without even knowing or and beyond without even knowing that he was really doing that, setting the tone for what would be the future which is defi so decentralized finance in a nutshell is what Bitcoin was kind of supposed to be in the beginning.

  • It's removing the third parties, removing the intermediaries, removing the need for a credit card processing company to step in the middle and do business for you on your behalf and then charge you a fee for it.

  • We're getting rid of that.

  • So you can do it directly and basically anything you can do it.

  • A bank uh you know, is going to be done in the future in defy.

  • And these bakers, they know this bank of America in that same report said they're not worried about Bitcoin, they're they're worried about decentralized finance.

  • And that's why I think right now, you see a lot of negativity during the recent price drop about ethereum because a lot of these institutions are accumulating a theory.

  • Because to understand defy Is to understand the theory, um it's ethereum is number one use case at this point.

  • And like you said, uh defy is going to be the number one way that people are going to change their lives financially in the future defy Which stands for decentralized finance.

  • This is a $9 trillion per year marketplace.

  • I want to talk about our brand new defy Academy.

  • Our first program is called the defi accelerator and we have been absolutely inundated with applications from around the world.

  • I'm gonna be talking about how you can profit from what I'm calling the greatest dislocation of wealth in human history, decentralized finance is already revolutionizing the world of finance.

  • You just don't know it yet.

  • I'm going to talk about the difference between defy and cryptocurrencies.

  • There's a big difference.

  • I want to go into how to trade the markets.

  • It takes a lot of discipline, it takes emotional discipline, it takes intelligence.

  • It's not an easy thing to do.

  • I'm looking for a small group of people who want to actively participate in this upcoming deep I revolution.

  • I'm looking for serious individuals only with real network who want to build this exciting financial infrastructure.

  • I'm looking for partners, collaborators, investors, colleagues who want to join forces and create real value and generational wealth.

  • If you're one of those people go to London, will that be before it slash defy and submit your application now you've got a chance.

  • Life all comes down to a few moments.

  • You have a chance now to join me on this incredible adventure for the next 10 years.

  • It will change your life.

  • The lifes of your Children and grandchildren.

  • Maybe the life of billions of people on this planet.

  • What are you gonna do?

  • What's the choice that you're going to make?

  • Yeah.

Well let's talk about that split because you mentioned Andreas and again he was back on our show in 2015 17 and 19 and he's talking about this concept of defy he's not using that term because I hadn't been adopted yet.

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    林宜悉 posted on 2021/06/29
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