Finance from First Principles
Failed to add items
Add to basket failed.
Add to Wish List failed.
Remove from Wish List failed.
Follow podcast failed
Unfollow podcast failed
Finance from First Principles
-
Narrated by:
-
By:
About this listen
This story was originally published on HackerNoon at: https://hackernoon.com/finance-from-first-principles.
Explore the evolution of financial markets from Finance 0.0 to 3.0, the rise of DeFi, and the challenges of replacing traditional finance with blockchain-based
Check more stories related to finance at: https://hackernoon.com/c/finance. You can also check exclusive content about #financial-markets, #global-economy, #ipo, #tradfi-vs-defi, #future-of-finance, #initial-defi-offering, #blockchain-and-finance, #good-company, and more.
This story was written by: @chateaucapital. Learn more about this writer by checking @chateaucapital's about page, and for more stories, please visit hackernoon.com.
Financial markets at the heart of the global economy are most commonly associated with speculation. Entrepreneurs and investors use capital markets to finance their firms. Efficient markets lead to very real outcomes such as jobs being created, unicorns being built, and GPs earning carry. Self custodial, peer-to-peer paradigms of crypto-networks fundamentally disintermediates most rent seeking middlemen institutions.