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We Need To Know About Web3 Revolution In Financ

Moi kaikki – hi all. Pekka Kelkka aka Papa Blockchain here! Welcome to Papa Blockchain uncut web3 education channel.

The 3 most important things to get Web3 to the masses;

  • Education
  • Education
  • Education

Why?

The centralized society we live in is corrupt. Power corrupts. It’s human nature!

The purpose of Web3 is to replace centralized processes and transactions with decentralized ones.

Web3 will replace “the trust”. The most advanced and tested computer code will replace the need for trust.

On Web3 everyone can benefit from the automated procedures and decentralization – everyone not just the elite!

Decentralized financial systems on Web3 mean that you will e.g. get financing in minutes or seconds. No questions asked.

When you deposit your cryptos (tokens or coins) into decentralized Web3 protocols and platforms they will pay you a yield automatically.

The financial systems on Web3 are “permissionless” you don’t need to ask permission from anybody to join them and to benefit from them.

“Money” we have today is not real money. It is not backed up with anything. US Government claims that $ is “the best money” because it is backed up by US Government. What a joke. The only way the current fiat money system survives is to print more and more of the worthless fiat money. It survives until it crashes. Which may happen soon.

We need ASAP decentralized money for us!

Data is “new oil”. Who owns your portion of “new oil”? The big IT companies. Decentralized Web3 will give your data back to you. You can manage, control…and yes monetize it!

To understand the benefits of decentralization you understand why decentralized Web3 is a much better system than the current centralized system.

Dear friends and colleagues, we don’t have decentralized Web3 with us yet. We are on Web2.5 but we are getting there.

We need Web3 for us. Web3 runs only on decentralized blockchain protocols. Blockchain is the underlining technology for Web3.

NOTE! MEME coins or trading on crypto futures have nothing to do with the Decentralized Web3.