In this lesson's episode, explore how blockchain challenges traditional institutions by creating financial choice and accountability.

Discover how decentralized systems, compete for consent, and keep structures honest,

understand why responsible risk-taking and diversification matter in crypto,

and uncover how curiosity and caution enable smarter participation in the digital economy but but even blockchain is is an attempt at freedom from

from ingrained entrenched institutional systems right that's? That's what it is.

Bingo.

And the thing that's fascinating is that the existing systems aren't able to offer freedom.

They're not able to.

And the reason why I assert they're not able to is, is even if you like it there, you still don't have a choice. Like you don't have an alternative financial system where you can basically choose to go.

But now you do, right? So, you know, what has emerged out of blockchain technologies is this alternative financial system.

And the thing that it does is it does two things, right?

The first thing it does is it competes for consent.

So, you know, what that means is, is that it's trying

to serve you the best, right?

And if you don't like it, you don't, you shouldn't come over, right?

So in essence, but the other thing that it's doing other than providing an alternative is it does what all alternatives do, which is it keeps the competition honest, right? So it actually now says, I'm going to compete for your consent.

So the existing system must also compete for your consent, right?

And if you like me better, then you'll come over here,

and if you don't like it, then you'll stay, right?

Which is like, what a nice thing, right?

So it helps everyone.

And what I mean by it helps everyone is, is, you know, let's say there's a safe place where

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