Moonshot Alert #8 - Decentralized Finance (DeFi) 🦄 & Rapid-Fire Best Insights 🔥
the next revolution in crypto
Happy Friday everyone! 👋
Today, over 2.3 billion people around the world are totally excluded from the traditional financial system.
They cannot open bank accounts, transfer money or do any of the things you and I take for granted every day.
One billion more are excluded from the more sophisticated forms of finance: the ability to borrow money, get a mortgage or invest for the long term.
Yet the global financial services market today is already a $21 trillion industry.
And it’s about to be completely disrupted - and drastically expanded.
Thanks to innovations in how blockchain technology is used, anyone with an internet connection can borrow, lend, save and invest.
It’s an industry that’s exploded over 60-fold in value over the last year alone.
Yes - 60X.
As investors, we can join the revolution and invest in an exploding industry.
These investments carry risk - a much higher risk than just buying bitcoin - but can come with extremely high rewards.
Welcome to Decentralized Finance (DeFi) 🦄 - the Wild Wild West of crypto.
To access the full report on Decentralized Finance subscribe to Moonshot PRO Alerts. You’ll learn which DeFi projects are worth your time and attention - and how to invest in them - but also…
how to start a simple $5,000/month business from anywhere
how to move to Panama and Portugal, legally reduce your taxes and obtain a second passport
how to invest in the most ground-breaking disruptive innovations today
… and a lot, lot more.
Rapid-Fire Best Insights 🔥
Here’s a breakdown of my favorite insights for the week.
Book I just bought: Indistractable
I’ve said it time and time again - in an age of abundant information, clarity is the new superpower. And I’m fascinated by how much effort it takes to actually control where our own focus goes.
As investors, our main job is to separate noise from signal - knowing what to pay attention to, and cutting out everything else.
Investing is mostly psychology & temperament - something that’s easily hacked by the tsunami of input, content, and information that comes at us every single day.
Most valuable quote I came across: don’t know where to start your creator journey? “Create the content you wish you had access to two years ago” - Dickie Bush.
On the same note, if you’re wondering what matters most for a startup - team, product or market - read this.
Best video I watched: if you have 3 minutes for some mind-bending wisdom on life, check out this powerful piece by Alan Watts
Best Tweet I came across:
Something I often think about.
And just because it’s Friday, here’s a funny and weirdly fascinating TikTok I saw this week:
I love you all - and I’ll see you next week!