Journal Entry: Shane Andrew Smith-03/06/2024

Journal Entry

Critical Thinking Response:

DeFi is different because it does similar finance and money movement transactions on different platforms like blockchains, as opposed to the federal banking systems and most of those platforms are not yet regulated by governments.

A token is an amount or percentage of a Bitcoin, it holds the “value” of your bitcoin.

By building our knowledge and vocabulary on the digital economy we can improve our income opportunities in the future by either working in the fields of digital economy or investing in the different types of digital currency.