I feel this might be one of the most in-depth ideas I have ever thought of, I saw this topic on twitter and I have a lot of questions. First of all before you start talkin about a solution, we need to identify the problem. What do you think is the problem? In my opinion I feel the problem of the world is uneven distribution of wealth and power. We live in a world where specific people are incharge of the total wealth, power and resources of the world. The rich keep getting richer, and the poor keep getting poorer. Centralisation has engulfed the world so badly that we have been taught that we cannot function without being centralised. Now, crypto is teaching us a lot of things we didn’t know we needed.
Let starts with the decentralisation part, do you think decentralisation is part of the tool to the solution of evenly distribution of wealth, well let me not say evenly, lets call it fair distribution. In crypto, decision making has ben left to the community, I mean the decentralised coins, not the centralised ones that only specific people do the decision. The blockchain has helped made the work easier and better with its transparency feature. This way everybody can see what’s being done and when its being done.
Blockchain & Web 3.0 Are Supposed To Help Give Content Ownership
The traditional Web 2.0 is known for giving ownership to the creators of the platforms, which means that whatever you do or write on the platform is not owned by you but by the owners of the platforms. Crypto came and provided solution, through what we know as hive. Hive a Web 3.0 social media platform on a blockchain that gives content creators total ownership, and its censor free. You own your account, you own your contents as long as you own those private keys. That’s why the phrase “Not Your Keys, Not Your Coins” is very important. Great power and freedom comes with great responsibility responsibilities.
Let The People Determine The Value
Fiat is created by the government and the government determines the value, the people have no choice but to accept it, just like the government gives us inflation, but we have to accept it, even though we get angry and rant for some few days. With crypto, the community can determine the value based on their activity and also through their governance vote.
Voting Is Fair
Crypto has helped build a solution in the aspect of decision making by making voting fair on the blockchain. The blockchain is unhackable, so the results can barely be altered. People can perform governance voting and expect a fair result because you can see it on the blockchain.
Most people on the crypto space go into building on the crypto space because they just want to make money and join the crypto building trend. Some of them are too distracted being focused on bragging instead of building something that will offer solution to a problem. Its good to get the money but learn to help use it solve a problem.
Posted Using LeoFinance Beta
Crypto in my opinion is indeed a solution to creating a tool for the solution :D
Yes indeed it is.
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