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The future of finance-how crypto can unlock immense opportunity in real estate
You probably have heard of Bitcoin. If you haven’t looked into it, Bitcoin is a great solution to our monetary problem of infinite fiat supply controlled by central banks. Teaming up with banks and corporations, the fiat system entitles the average citizen to measly interest on our savings, but somehow we pay double digits for credit card debt. Meanwhile, our savings dwindle due to inflation and loss of spending power overtime. Meanwhile, reckless investing, crony capitalism, and continual pulling of financial levers (interest rates, stimulus, loans, tax breaks) makes it pretty hard for the average person to live a normal life without feeling that there is a boot on their neck forcing them to work for lower wages in order to survive. The purpose of this article isn’t to discuss the merits of Bitcoin or issues in our macro economy, but the much larger story in my opinion of what smart contract platforms like Ethereum, Cardano, Polkadot, Solana, Elrond, and many other competitors in this space can do to disrupt our dated markets.
Here are some examples of what may be possible in the future that will allow the masses to have exposure to different asset classes and make citizens less beholden to banks. These are rough ideas and naturally, there may be flaws in some of the details, but I believe that creative and…