Hi, This is Ayaan Shah and I would like to thank all of you for your continued support as we crossed 100 subscribers this week and had over 600 views on the most recent newsletter. Last week, we learned about the development, limits and the economics of
Good work specially considering your age and experience
Recent judgments in favour bitcoins give us some hope for alternate mechanism, yet centuries old mind set requires decades to change, more so when it comes to finances. Continue digging in, good luck
Very well explained by Ayaan. This is a new concept and will take some time to sink in. Two aspects which beginners will need to know are, firstly, what will be expected returns compared to other models and , secondly, liquidity. How long will it take to get a hold on money invested incase I need it in a crisis?
Very well articulated, both the advantages and pitfalls of DeF. The advantage that the Banking system has is that they have the support of State entities, which would assist in case a criminal activity occurs in a financial transaction. Except for the fact that one is providing collaterals in DeF transactions, the safety cushion of the State support is missing in these transactions. And I have my doubts if the banking world will allow these entities to usurp their well-established supremacy in the financial world.... It'll take some doing for this to be globally successful (at least for common man transactions... But, your article is just the right mix of support with an advice for caution
Dear Ayaan
Good work specially considering your age and experience
Recent judgments in favour bitcoins give us some hope for alternate mechanism, yet centuries old mind set requires decades to change, more so when it comes to finances. Continue digging in, good luck
Prof Javaid Akhter
Very well explained by Ayaan. This is a new concept and will take some time to sink in. Two aspects which beginners will need to know are, firstly, what will be expected returns compared to other models and , secondly, liquidity. How long will it take to get a hold on money invested incase I need it in a crisis?
Nicely explained a new concept it has the promise to expand view advantage to both poollers and drawers.
Security concerns need to be addressed for the collaterals which have to put in to provde security for the lenders.
Awaiting further progress in this area
Very well articulated, both the advantages and pitfalls of DeF. The advantage that the Banking system has is that they have the support of State entities, which would assist in case a criminal activity occurs in a financial transaction. Except for the fact that one is providing collaterals in DeF transactions, the safety cushion of the State support is missing in these transactions. And I have my doubts if the banking world will allow these entities to usurp their well-established supremacy in the financial world.... It'll take some doing for this to be globally successful (at least for common man transactions... But, your article is just the right mix of support with an advice for caution