Decentralized finance will inevitably enter a period of extreme volatility as the global political landscape tears apart.
I prefer to call it the "Era of Political Awakening for Small Nations." For the past few decades, many small and medium-sized countries have appeared "stable" not because they are genuinely strong, but because they have been overly protected by the post-World War II international system. Their currencies are pegged to the dollar, settlements are managed by SWIFT, finances are supervised by the IMF, and security is underwritten by major powers. They have become accustomed to being managed rather than competing.
As long as the global political landscape has not entered a new political system, it will be a breeding ground for "decentralized finance." If small countries do not awaken and continue to rely on the financial systems of major powers, they will ultimately perish.
Ukraine, Gaza, and Greenland are all indicating that "new imperialism" is rising rapidly, while the liberal forces organized in the form of rules are quickly diminishing.
It was often said that we could view global politics as the "Spring and Autumn Period and the Warring States Period." This is an era of great integration, with various forces slowly pushing for global unification. Perhaps national borders and political ideologies are not important for the future; what matters is the visualization of rules, and we will enter a new stage of civilized beginnings with the advancement of artificial intelligence.
