A SUBJECT TO DOUBT THE OLDER

...the great technological advances cannot be ignored as they generate a watershed in their time. The great bear market that we are going through today, shows us the resurgence of the same old, weak and hoarse voices saying: Bitcoin will fall to zero, blockchains will never be scalable, cryptocurrencies will always be pyramids... And next crypto summer, there they will be silent and pragmatists participating in funds that triple their reserves with the great cryptopump. The great warriors of fiat currencies are dying, the ones that still remain watch capitalist governments destroy the western economic model by artificially producing money to postpone a fiat crisis that had been dragging on before the pandemic. Forget the older ones, Blockchains, NFT, DAO's, DEFI's, Metaverse and etc. they won't disappear because the older guys in the economic market can't understand. The universe to which they belong is dying and people no longer accept the centralization of their lives. In a very simplistic way, let's see the advantages of this new world: 1. Blockchains diversify and democratize the use of the web, any entity or country can, using open codes, build its own chain.

2. NFT are reliable ways of recording, creating a time frame and a contractual historicity accessible and visible to all.

3. DAO's are organizations outside the most bureaucratic regulations of state structures, so they can propose to create the unimaginable without sieve or restrictions, operating in the genuine field of real entrepreneurial freedom.

4. Defi's are decentralized finance systems that operate their governance based on pre-programmed smart contracts whose modulation must be based on the decision of miners or holders with staked positions. This modality frees the citizen from the decision of the banks while exposing the user to a greater risk. The subject is complex and soon we will deal with it separately, as we will with the metaverse, whose nuances lead us to an infinite of its own and whose first nuances, we started to fill almost yesterday...

@armazendosom (Twitter)

Daniel Estefani is a Bachelor of Laws, Writer, Composer and Digital Artist. Author of "The Sun, Time and Silence" and leader of the Solar Circus Movement. He exhibits his works at OpenSea, Mintable, Refinable, Rarible, Ello, Deviant'art Galleries...