What are SMART Contracts (Easy) | Not An Economist | from Not An Economist channel

00:00 - Smart Contracts Intro
1:08 - Benefits of Smart Contracts
2:20 - Example #1 (Insurance)
3:35 - Example #2 (Token Exchange)
4:09 - Example #3 (Flash Loans)

The answer to a free, decentralized economy seems to be the technology called DeFi (Decentralized Finance). Watch the video explained in layman's terms (easily understood by anyone) and let us know if you agree!

DeFi
https://www.youtube.com/playlist?list=PLbVVaabAopv8Wwq6TloQ3Z3EnulH5NZ50

Milton Friedman Playlist:
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Ayn Rand Playlist:
https://youtube.com/playlist?list=PLbVVaabAopv-wXA5TLbltJfj2tCbcJQPn

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