DeFi Cryptocurrency Course 2022 – How to Invest in the Best

Decentralized finance, or DeFi, is closely related to, but not exactly the same, as Bitcoin (CRYPTO:BTC) and other cryptocurrency. The term DeFi is shorthand for financial systems that are enabled by decentralized blockchain technology. DeFi is specifically associated with the Ethereum (CRYPTO:ETH) blockchain and all of the cryptocurrencies built on it.

DeFi technology creates decentralized money and eliminates the necessity of government-controlled central banks to issue and regulate currency. But DeFi technology is also capable of providing many other blockchain-based solutions for financial services. Fintech companies use DeFi technology to offer savings accounts and loans, enable securities trading, and provide insurance, among other offerings.

DeFi is a technology alternative to relying on centralized financial institutions such as banks, exchanges, and insurance companies. DeFi systems achieve distributed consensus by using “smart contracts” on blockchains such as Ethereum. Developers write smart contracts to perform specific actions only when certain conditions are met.

As a simple example, you could write a smart contract stating that you will pay $500 to another person if the Cardinals win the World Series this year. Once the smart contract is pushed to the blockchain, everyone in the blockchain’s network can access and read the code, but no one can change it. Smart contracts are often what govern decentralized apps, or “dapps,” which are not owned or managed by any one company or person. While Ethereum was the first platform to develop smart contracts, other blockchain platforms use them as well.

DeFi enables any two parties to securely and directly transact without involving an intermediary or central authority. The result is that many more people can access financial services at lower costs or receive better interest rates than those offered by traditional financial institutions.

In this course you’ll get a simple, easy to understand, non-technical overview of what cryptocurrency is all about and how it can help you achieve your financial goals and take your life to the next level.

This course shares the basics of this new revolution of how this internet money is transforming in the world, and where we are heading moving forward towards a more globalized economy. You’ll learn new terminology and ways of thinking about gaining money, freedom, independence and supporting transformation both within yourself and in the world. You’ll discover the psychology of what is involved to set yourself up for success from an emotional, behavioral and financial aspect, as well as, what is a successful mentality to have to do well in this space. You’ll learn if you would be a good candidate to benefit from this space based on who you are and how you operate, and if you’d have a good chance at succeeding to reach your outcomes. If so, and your are feeling drawn to dive in, you’ll be given information on how to set up a basic plan for yourself to get started, reminding you of pitfalls to beware of.

Lastly, this course will end by sharing where you can easily get started and how to stay informed about what is going on in cryptocurrency.