DeFi Series: Passive Income w/ Luis Alvarado (2 of 6)

In part 2 of the Defi series on Modern Day CEO, Luis and I are covering the banking system.

Our banking system is backed by the US dollar, which is backed by our trust in the government and laws. But how much of that do people have these days?

With Defi, we don't need to hold the blockchain accountable. Transactions are automatically documented, easily verifiable, and transparent for everyone.

In this episode, we'll dive deeper into:

-Understanding debt

-The fractional reserve system

and the dangers of it

-Money flow

-Benefits of being your own bank

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Connect with Luis:

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