There is money yet community decay, and lack of educational opportunity puts the mind of children to waste and causes ecological breakdown. It’s apparent that the conventional monetary systems and currencies give rise to competition and yet remain scarce. It’s important to understand that the success of a nation or the world is not a state, but a process.
Month: September 2021
Why [some] Nigerian Universities Are a Bad Idea, and What Can Be Done About It
The other day a friend informed me they woke up in the morning to hear that their school have doubled their fees. They complained that last semester a lot of students dropped out because registration fees doubled, and their VC(vice-chancellor) attributed it to inflation in the country. I responded, “Sorry dear. Just mind your business!”. I added, “Some Nigerian universities want to make money from you. They can’t really develop you”.
The New Financial System :: Decentralized Finance (DeFi) Vs Centralized Finance (CeFi)
Global finance witnessed a revolution with the advent of Blockchain and Bitcoin. We blogged about our adventurous experience in building a digital currency that was trying to be Bitcoin and not Bitcoin at the same time. Over the last 10,000 years, money has transformed from cattle and shells to today’s electronic currency. Currently, almost every aspect of banking, trading, and lending is managed by centralized financial systems and regulated by governing bodies. However, the world is moving towards decentralized financial systems. Money needs to move fast.