Traditional finance aims to keep you ‘safe’ from the next frontier; they’re also protecting their revenue models.
The wealthy of the past were always ready when new frontiers showed up. Today, we’d consider them crazy or conspiracy theorists for not thinking like the rest of us. But without them, there’d be no high priest of technology, willing to go beyond the curtain on our behalf to pull something back of use. The automobile, electricity, the personal computer, the internet – this doesn’t come out of compliant thinking.
Creativity and ingenuity isn’t found in abundance in the world of trad-fi, or traditional finance, especially when it threatens pre-existing revenue models.
That’s why it’s something of a miracle that we now have digital assets moving around public databases—decentralised finance or de-fi, where investing, borrowing, and lending can occur without trad-fi gatekeepers and rent-seekers.
If you believe the current system is just, transparent, and balanced, it might be challenging to envision an alternative.
It’s natural to gravitate towards the familiar, even if it means using a currency that’s steadily losing value. Consider the possibility of an early form of abundance trying to break through, though.
To understand wealth better / To be a better investor, we need to learn more about money and how it could evolve in the future. Today we’re going speculate how we may one day invest in property, shares, and use a new type of leverage using AI in a future state of the internet called Web3.0
The internet of value may allow us to witness how a free market can allocate wealth in a more equitable way.
Government, big tech, or some horrible combination of the two may capture this new wealth and thus, retain their position of authority in our lives. It’s possible, though, the exponential age gets captured by us, by everyday investors. We’re still incredibly early in this space, but if this really is a new frontier, before you stake a claim, try to understand the landscape—hopefully today helps.
Today, I’m talking with Bryan Ventura from Hamilton Locke. Bryan is a seasoned funds and financial services lawyer with a deep understanding of the fintech, blockchain, and Web 3.0. Bryan’s expertise covers corporate and commercial law, startups, venture capital, mergers and acquisitions, investment products, property, and trust me, so much more.
