The current monetary system is broken. This book is about how decentralizing finance radically changes how we think about money. Money becomes a great enabler rather than something that creates the artificial scarcity, limitations, separation, conflict, waste, and environmental destruction that we experience today. It describes how blockchain and decentralized finance (DeFi) can build a better world with financial freedom for everyone in all nations. An inclusive society. A healthier planet. And the incredible opportunities for innovators, entrepreneurs, and SMEs to take an active part in creating this new reality.
This book will teach you how money works today to understand why it’s broken and what we need to do about it. Not just financially but also psychologically. As individuals, as businesses, as a society, and as a planet. We’ll then look at how DeFi changes money from something that controls us into something that empowers us all. Blockchain and DeFi provide technical solutions and strategies for creating that future now. And this book will show you how to build the most remarkable monetary systems, money, currencies, and financial products and services of the future.
PART I: THE CLEAR & PRESENT DANGER WE FACE
THE END OF MONEY & SOCIETY AS WE KNOW IT (WHETHER WE LIKE IT OR NOT)
WHAT, REALLY, IS MONEY?
END GAME: MORE FREEDOM, PEACE, PROSPERITY & FINANCIAL INCLUSION FOR ALL HUMANKIND
ENTER DECENTRALIZED FINANCE (DEFI)
A LOOK BEHIND THE CURTAIN
THE DEFICIT AND SCARCITY MYTH BUSTED
50 SHADES OF FINANCIAL EXCLUSION
PART II: DEFI. HOW TO BUILD MONETARY SYSTEMS, MONEY, CURRENCY, AND FINANCIAL PRODUCTS & SERVICES USING DECENTRALIZED FINANCE
FINALLY! HOW TO BUILD DEFI
THE MAJOR CATEGORIES OF DEFI FINANCIAL PRODUCTS AND SERVICES
ALTERNATIVE MONETARY SYSTEMS (LOCAL, REGIONAL & GLOBAL) THAT CAN BE BUILT USING DEFI
FUTURE OUTLOOK: A WHOLE NEW WORLD, IN A NEW ENERGY (REINVENTING SOCIETY, BUSINESS, GOVERNMENT, TECHNOLOGY & EDUCATION)
WE ARE SATOSHI
The concept of decentralized money has started to enter the zeitgeist. The idea of money not controlled by a state or bank was considered blasphemy 20 years ago whereas today, a teenager could spin up their own cryptocurrency in minutes.
Bitcoin was just the first volley in a series of waves that will change how we think about and use money.
We are entering a world on the brink of utter transformation, in more ways than most of us can even imagine today.
Those of us who wish to stay ahead of the game and anticipate the coming changes need to read David’s book. David first lays the foundation for us by showing us the intricacies of our current financial system. He highlights the work of many authors and thinkers. Those references and snapshots in themselves offer valuable pointers for us who wish to dig deeper into this world of economics. The thinkers referenced are the interesting, illuminating ones, not ones by dry pontificators who never saw Bitcoin coming.
David layers more knowledge above this foundation, describing the different aspects of Decentralized Finance, the blockchains that DeFi applications run on, and more importantly, the “WHY of DeFi” and the impact it will have.
Knowledge confers power to those who seek wisdom, and knowledge helps us see the future and prepare for it. David’s book is an illuminating insight and reference into the upcoming world of Decentralized Finance.