๐ธ๐ผโThe feminine energy is flowing & dynamic. Her moves can't be predicted or explained with the rational mind.
โฅ๏ธ She is unrestricted by the social norms because she doesn't follow any rules other than the guidance coming from her own heart.
What is a blockchain?
๐ A #blockchain is an online decentralized database that's most commonly known for storing crypto transactions. It's a system of recording information in a way that makes it difficult or impossible to change, hack, manipulate or cheat the system.
The benefits of DeFi (P2):
โ Permissionless โ You donโt need permission or authorization from a central entity for how you use your money.
๐ Borderless Payments โ There are no geographical boundaries on the transfer of your money. You can make payments to anyone in the world
The benefits of DeFi (P1):
1) ๐ช๐ผ Democratic Control โ The people have the authority to make decisions instead of governments or banks.
2) ๐ฐ Financial Sovereignty โ You have complete ownership & control over your money. There is no outside entity who seize your crypto assets.
๐ฐ CeFi = Centralized Finance. DeFi = Decentralized Finance.
๐ฆ Centralized finance is where you interact with a central entity like a bank, exchange, or middleman.
๐ฏโโ๏ธ Decentralized finance is where you directly interact with people you want to send money to through technology.
Say it with me:
๐๐ปโโ๏ธ I am confident in my own abilities.
๐ I am confident in my ability to easily learn new information
๐ฐI am confident in my ability to make money in a new way
๐ I believe in myself.
๐ช๐ผ I can do this.
๐ฑโโ๏ธโก๏ธ๐ฉ๐ป In a decentralized finance system you would directly interact with the receiver of your funds through a decentralized finance platform. It removes the need for banks to serve as the 3rd parties facilitating transactions.
๐ฆโก๏ธ๐ Decentralization is the transfer of control from a centralized entity (an individual, organization, or group) to a network that is owned & shared by the network's members.
๐ We're revealing some of our favorite cryptocurrency exchanges.
๐ We found these exchanges to be the best according to their accessibility, security, fees, coins offered & storage.
๐ค Click the link in our bio & receive FREE rewards when you buy your first crypto today!
๐In some parts of the world, crypto is already being used to pay for goods & services like food, travel, cars, groceries, utility bills.
#cryptocurrencies#digitalcurrency
โจ We are heading towards a future of digital currency where cypto will be what the new "online banking" was back when cash was the normal form of payment.
๐5) Storage - How do they store my crypto? (Tip: Exchanges that store your crypto offline in a hard wallet are more secure). Can I move my crypto easily to another platform?
๐ช 4) Coins offered - What crypto coins do they offer on their platform? Are these aligned with the coins I want to buy? How often do they add new coins to their platform?
๐ 2) Security - What account security do they offer to protect me from hackers? Has this exchange been hacked before? Do they offer insurance for my crypto? Are they FDIC insured (US only)?
#cryptosecurity