Thirteen years ago, a time when Bitcoin first emerged and almost no one had ever heard about the blockchain, very few people could have predicted how cryptocurrencies would revolutionize the world.
Over the last half a decade, with the rise of cryptocurrencies, completely new industries germinated to form the backbone of this new market. Almost like out of thin air, the crypto economy revolutionized the conventional mechanisms of investing, giving rise to a new generation of Decentralized Finance (DeFi) investors who changed the traditional notion of how wealth is generated.
Being part of this financial revolution is an exhilarating experience for Luis Alvarado, who is the founder of Unlimited Leverage and one of the aforementioned pioneers in the DeFi investing industry.
With DeFi investing, “most of what we practice has never been done before,” said Luis during a recent interview. “I understand that I am super early on to this, yet it’s really exciting to see innovation that will change the world as we know it.”
Over the past years, Luis has built a thriving career as a DeFi investor and a DeFi investing mentor. At his company, Unlimited Leverage, this native-Peruvian entrepreneur teaches hundreds of students worldwide how to generate high-return streams of passive income through crypto. Luis’ passive income accelerator program gives students the tools to yield up to 500% annual returns.
It is undeniable that the crypto economy’s lack of regulation, novelty, and decentralized nature makes it a highly volatile market. As Luis explains, crypto can be, at times, the “wild wild west” of investing.
Nonetheless, when asked if this uncertainty and relative lack of structure created any fear in him, Luis unflinchingly replied that, to the contrary, being part of the crypto revolution could not be more exciting.
“I see innovation that you can’t even fathom,” said Luis. “It’s like, ‘wow, how do they even think of making this technology work with money.”
In a recent video interview, Luis sat to share his take on the ongoing rise of DeFi investment and his perspective as a pioneer in this developing industry.
Luis is not someone unfamiliar with innovation. During his time as an undergraduate student majoring in mechanical engineering with a minor in math, Luis had an affinity towards technology and entrepreneurship. He got involved in different tech startups where his inquisitive mind delighted at witnessing the evolution of an idea into a breakthrough technology.
“Being involved with tech startups, I saw projects that would change the world, but nobody knew about them yet,” explained Luis. “I would see things go from ideas to revolutionary products.”
Currently, Luis experiences the same drive and curiosity, now as a DeFi investor. When Luis first encountered the world of crypto, his engineer brain wanted to comprehend the structure and logic of the blockchain and the crypto economy.
“I was fascinated on learning how to turn one dollar into two, into three, into four, and not have to work for the same dollar twice,” said Luis.
What Luis found the most fascinating was the high accessibility of DeFi investment and the economic opportunities it created for the world. Cryptocurrencies give anyone from around the globe the possibility of yielding large returns, even with a small investment. With DeFi, class and national origin are no longer barriers for people to access finance and investment opportunities.
“With the blockchain,” Luis explained, “anybody, regardless of where they are from, can go ahead and get a wallet, even without having a bank account, and tap into applications that allow them to invest, save funds, and send money.”
Luis understands that many of the mechanisms, education, and technologies needed to support the crypto economy are still in development. Although DeFi investment is accessible to anyone worldwide, there is not widespread awareness of these financial tools, and the internet is flooded with misinformation on the subject.
This lack of information about DeFi investment motivated Luis to launch the “Passive Income Accelerator” program. Today, Luis is committed to extending the benefits of the crypto economy to others around the globe, helping them reach financial independence.
At the end of our interview, Luis admitted being hopeful about the future changes that cryptocurrencies and the blockchain will bring to the world.
“People are building this for the sake of bettering humanity,” concluded Luis. This technology “will help us solve many of the economic problems that the world faces.”
By Juan Sebastian Restrepo,
With Artistic Initiative Agency