Alexander Lebedev: "Cryptocurrencies and DeFi are revolutionizing the financial industry"

Owner of the Russian newspaper Novaya Gazeta and the British Evening Standard and The Independent, billionaire Alexander Lebedev, called blockchain and DeFi revolutionary technologies.

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in his own edition of The Independent, the billionaire said, that the blockchain can “destroy parasitic global banking oligopoly ". Lebedev believes, that thanks to the use of blockchain and smart contracts, the number of jobs in the financial sector of the economy will significantly decrease.

However, he notes, that the explosive growth of decentralized finance platforms cannot continue forever and will stop at some point. But he believes in the potential of the industry:

"Technologies, used in the creation of this infrastructure, open up tremendous opportunities for restructuring the global financial system ".

Lebedev stressed, that, thanks to smart contracts, consumers will be able to access the financial services they need directly, without the participation of intermediaries and "greedy bankers". He told, that he invested $ 100,000 in a certain DeFi project from Estonia and was amazed at the quick profit. Now he is about to launch his own cryptocurrency bank based on DeFi technologies..

Also Alexander Lebedev noted, that regulators of most of the world's leading states are beginning to treat cryptocurrencies more warmly. Including preparing legal regulations for the tokenization of various assets:

“The next step will be digitalization of real assets. Industrial sites will be presented in the form of tokens on the blockchain, the property, goods and services".

The billionaire told, that the current financial system is driving the global economy into collapse. He almost 25 years worked in the banking industry - in Russia he was a co-founder of the National Reserve Bank. AND, According to him, he witnessed a shift in the work of banks - now the main goal of bankers has become profit and the selection of money from clients.

"Most likely, we are on the verge of a real revolution in the international financial system and the collapse of banks ", - Lebedev said in conclusion.

Note, what according to Google Trends, users have become less interested in bitcoin and the decentralized finance industry (DeFi).