Decentralized Finance (DeFi) 2022
A Beginners Guide On Investing, Blockchain, Smart Contracts, Peer To Peer, Borrow, Save, Trade, Cryptocurrency, Bitcoin, Ethereum, Altcoin, and Yield Farming
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Narrated by:
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Tom Brooks
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By:
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Dave Shamrock
About this listen
Cryptocurrency's promise is to make money and payments all around accessible to anyone, regardless of where they are on the planet. The decentralized finance (DeFi) or open finance development makes that promise a stride further.
Imagine a global, open option in contrast to each financial service you use today - investment funds, loans, trading, insurance, and more are accessible to anybody in the world with a cell phone and internet connection. This is presently conceivable on smart contract blockchains like Ethereum. Smart contracts are programs running on the blockchain that can execute consequently when certain conditions are met.
These smart contracts empower developers to work undeniably with more modern functionality than essentially sending and accepting cryptocurrency. These projects are what we currently call "decentralized apps" or "dapps".
You can think about a dapp as an app that is based on decentralized innovation, instead of being built and constrained by a solitary, unified substance or organization. Become accustomed to this word, dapp, you'll be seeing it a ton from now into the foreseeable future.
While a portion of these concepts may sound cutting edge, automated loans negotiated straightforwardly between two strangers in different parts of the world, without a bank in the center a large number of these dapps are now live today.
There are DeFi dapps that permit you to make stable coins (digital currency whose worth is fixed to the US dollar), loan out money and earn interest on your crypto, apply for a loan, trade one asset for another, go long or short assets, and carry out computerized, advanced investment strategies.
©2021 Dave Shamrock (P)2021 Dave ShamrockListeners also enjoyed...
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Story
Plan Like a Millionaire is part of a riveting three-part series, and it's all about elevating your game and setting goals like a seven-figure earner. In this wealth-inspiring listening journey, Rachel reveals the secrets of how to set goals, manage time wisely, build essential support systems, break free from financial constraints, and make savvy money decisions.
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Feel Good Book, only
- By Maggie on 01-06-24
By: Rachel Rodgers
What listeners say about Decentralized Finance (DeFi) 2022
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- Ellen Kettle
- 12-20-21
Very useful
Interested in making a decentralized finance investment? Through the help of this book, you'll learn how decentralized financial platforms and exchanges can help you make passive income from your cryptocurrencies in this book. It will cover everything from Investing, Blockchain, Smart Contracts, Peer To Peer, Borrow, Save, Trade, Cryptocurrency, Bitcoin, Ethereum, Altcoins, and Yield Farming to Investing.
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1 person found this helpful
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- Luz Page
- 01-03-22
In-depth explanation
The book gives a thorough and in-depth examination of the industry, as well as practical advice on how to capitalize on these prospects. I find this book to be an invaluable resource that will help me make the best decisions possible before the market becomes saturated.
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1 person found this helpful
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- Margaret Colines
- 01-16-22
It's well worth your time to listen to
It's well worth your time to listen. Unlike a lot of Crypto-related books, you could really tell how much effort and understanding went into authoring this one. Really a great guide for the beginners.
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- Patricia Alejendro
- 02-01-22
Great for beginners
If you're a newbie investor, this is a good book to have. It provides great material to get you started, with references and footnotes pointing you in the correct direction if you need more knowledge.
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- Michelle
- 01-14-22
Definitely love it
Most of the materials I found merely scratch the surface of what DeFi is or attempt to hype the topic, leaving out crucial details. This manual takes you all the way. It even explained a few points that I couldn't locate other Medium posts. I definitely suggest this book because it was easy to grasp and had a clear format. It's better to study more about DeFi before becoming involved.
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- Judy
- 05-27-22
Nice!
In this times of pandemic, I've been fund into trading and investing. Glad I found this book which guides me on proper investing. Thanks to Dave Shamrock!
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- Khennith Scott
- 02-25-22
Pretty helpful
This book is pretty helpful. The real advantage was its ability to strategize and inspire you to create your own investment or trading strategy. The most beneficial component, in my opinion, has been the insight into researching, which has proven to be crucial, along with excellent advice and information on this topic, which alone is worth the course's price.
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- kah45434
- 04-04-23
It’s just ok
The information is pretty good. A little esoteric. Reader was distracting, weird/inaccurate pronunciations that made you think you were listening to a TTS application. Who says MeeetaMask?
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- Hanna Bell
- 12-16-21
Up-to-date book
The Decentralized Finance (DeFi) Investment Guide is the most comprehensive and up-to-date book on the subject I've ever read, and its material is genuinely groundbreaking. The book covers the most crucial aspects of decentralized finance and gives you all the information you need to get started. This book includes ideas for everyone, whether you're a rookie like me or a seasoned pro, and your dreams of earning passive income will progressively become a reality.
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2 people found this helpful
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- Cherry Anne
- 03-26-22
Serves its purpose
I purchased this book in order to gain a better understanding of future finance approaches. It demonstrated how to build a business from the ground up in order to learn how to make money passively. It also demonstrates how to use bitcoin to engage in exchanges and which defi platforms are the best for investing.
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