Decentralization is the finest economic model because it prevents authoritarian regimes from dictating what is possible and what is not.
You will see the connection between decentralization and digital democracy in this article.
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OptriSpace Team
Globalization + Decentralization = Key of freedom
We are living in a globalized world. What does this mean? This means that countries need each other to survive and create a stronger international relationship in different economic fields: Agriculture, Food, Oil, and many others.
Due to Decentralized systems, people from all over the world will be able to protect their assets from inflation, and get profits through different methods such as: Crypto Investments, Staking, Mining Farms, etc.
These two processes are the key to freedom, and digital inclusion because they will allow people to control their own money on a global scale.
This allows regular people with the internet and some blockchain knowledge to survive against dictatorships, or global sanctions.
It’s incredible to think that only one person, Satoshi Nakamoto, managed to save millions of people from inflation, and created more businesses than governments, but this is true. We are living a digital revolution.
Relationship between digital democracy, and voting rewards
Dtube is a decentralized streaming platform, similar to Youtube but it pays its users their official digital currency, named Dtube coin.
Are you tired of not having any voice in your community?
This is the best platform for you!
With this platform people can vote for each other and receive payments through Dtube and other coins.
Despite the underrepresentation of minorities, sites like these allow content creators to submit videos without worrying about Big Tech’s censorship.
Another Twitter is a different social media platform to be cautious of.
Elon Musk pledged to transform Twitter into the social network of free speech after purchasing it.
The name is Facebook or 1984?
Nobody is interested in Facebook now because of their censorship. It sometimes seems Facebook owners have turned their social media page into the dystopian society of 1984 movie, where everything is controlled, and ruled by the government and elites.
Always use Decentralized platforms and run away from this manipulation.
You can invest any time when you are available!
Are you busy during the week? Not a problem!
Exchanges are working 24 hours per week, which means you can work a good amount of hours during the week and invest later.
This is very different from the stock exchanges because they have a time to open and a time to end their activities. Remember to place some limit offers to sell your coins at a desirable price, and to save some stablecoins in your portfolio.
Bitcoin revolution – Africa example
What most people believe about Africa is completely incorrect.
Blockchain technology shows that it is not a developing continent.
I’ve come to understand the significance of Bitcoin and blockchain technology for digital inclusion in various economies around the world after seeing “Banking on Africa: Bitcoin Revolution.”
Governments have made attempts in the past, and they serve as evidence that we need to comprehend the value of decentralization and how it may benefit Africa.
Engagement to inclusion
One of the best methods to involve diverse groups of people in the blockchain business is through investments in memecoins and/or gamecoins.
This is good because these groups of individuals understand that online community participation is genuine and powerful for those tokens/coins.
Dogecoin is a great example, started as a Reddit joke and now gets the attention of famous people like Elon Musk, and Snoop Dogg(not a financial advice).
Now people from different ages can laugh while they make money.
What a great fusion of entertainment, and digital money!
Stocks investments are over!
Governments constantly enact new laws that have an impact on neighboring cities and nations and the global economy. People invest in stocks shares with various companies, and use useful programs like RobinHood to prepare for crises. It’s a good way to resist inflation but with Decentralized Finance we have a better one.
Through staking, we can earn thousands of dollars with DeFi (this is not financial advice), and we can use the returns to reinvest funds and earn compound interest to acquire more coins and daily rewards.
PancakeSwap is a good DeFi (again: not a financial advice) platform that enables users to stake their coins in some pools and earn significantly more money with various coins. Another good example is: Betfury!
It’s a betting platform but we can make some passive income with their staking rewards in different coins, examples are: Bitcoin, Ethereum, Tron, USDT, and many others.
You can choose to receive rewards only in Betfury token, to get much more profits!
Open source code that everybody can help!
Through Github developers can improve their favorite decentralized application to build new features, and increase the functionality of some characteristics.
If you have a coin/token you can share on Github, and people from all over the world can develop other code lines to your project, is that simple right?
From Web 2 to Web 3 – The path of digital democracy
Radio has been able to influence our lives through the stories of many different people.
We are not forced to pick the news we want to see while traveling.
The hub for processing information and constructing a new society using the information that newspapers and journalists shared with us on various TV channels was television after radio.
With Web 2 we have social media pages that we can share some personalized content to create our business, and earn much money with that, but today we have a much better version: Web 3.
Now things are very different!
With Web 3 we don’t have journalists, governments, and/or Big Techs to censor our content: We are elite!
You have control of your money!
Through decentralization we can have control of our money. In the past, we needed to deposit our money into bank accounts, today this option is good but we have a better option: Store your money in a hardware wallet.
We only live in a digital democracy today because we can save our money to authoritarian leaders, and/or authoritarian governments to steal people’s money.
This is another proof how decentralization can help you to control your money.
The american dollar is from Wall Streets, and Bitcoin it’s for all streets!
The American dollar is used by numerous countries from around the world to preserve their currency’s purchasing strength.
Because the American dollar has a larger purchasing power than the majority of fiat currencies worldwide, it is a suitable technique to deal with inflation and crises.
Our economy can be stabilized and consumers can avoid inflation by holding this fiat currency, but there’s a problem. Since this paper money is from the US, the impact of inflation on their economy will be greater as more paper money is generated.
And even if you’re from another country you can exchange your paper money to american dollar, however it will take some fees in these transactions.
Bitcoin is a prime example of why decentralization is ideal for boosting our economy.
Since we can travel anywhere in the world while holding Bitcoin in our hardware/software wallet, everything will be in our favor.
Bitcoin can be used as a way to save from global sanctions on other countries, and to improve the economy as a whole.
Unlike paper money that it’s destroying the world together with inflation with Bitcoin we own our money without worrying about regulations.
Conclusion
With decentralization we have many benefits to use in our modern society(especially in our financial system).
And it’s very good for the digital democracy that decentralization exists, because it allows people to make their voice reflected in digital media.
Everyone is equal with decentralization and within it no one has the right to say what the other is going to do.
It doesn’t matter if you were physically harmed or not, within the decentralized environment you will have a voice to expose your problems, and your solutions.
With this new step taken, humanity will finally understand that we can have freedom of expression and equality at the same time, although it sounds obvious theoretically, many people do not understand this and only with decentralization can we see this result in a concrete and practical way.
Helping people with their free expression must always be the main purpose of digital democracy, making everything easier in the online environment.
Author: João Luiz Flores Da Silva