How does it impact you, Decentralization? Is Blockchain your main source of income?
How does it impact you, Decentralization? Is Blockchain your main source of income?
My own thoughts.
Introduction
According to my own opinion, it is important to dedicate some time to the study of decentralization, because of working on Blockchain and because in many cases, the big part of our economic income comes from the use of this technology.
Thanks to decentralization it is possible to have a monetized blog based on Cryptocurrency, which includes us, in a free participation system where we play a trust generating role. Decentralization allows to unify criteria to achieve a common good that includes various factors of life.
Having broad functionality in diverse areas, such as: Economics, technology, family, personal life, art, entrepreneurship and investment, among others. A free governance system that gives us the opportunity to manage our own assets without the need for the intervention of a central entity.
Blockchain and decentralization
"The Blockchain becomes a large-scale socio-productive system with infinite possibilities of participation, which is linked the development of society, given that it is a form of integration for work and the generation of sustainable financial benefits."
The human being plays a social role that seeks its integral growth and that of its own. In order to be able to cover vital needs, to be able to save and plan for the future; based on this, he develops skills and abilities that allow him to join the system and receive an economic benefit proportional to his effort.
The Problem of Centralization
"In my opinion, in the world almost everything moves with money and our jobs in "Physical" in the organization or institutions are subject to certain law regulations that regulate budgets and distribute them in a way, that not exactly, favors us."
We can see the case in which our work effort is greater than the salary earned, which can create dissatisfaction and make us feel like undervalued professionals. It should be noted that not all cases are the same and of course there are well-paid jobs that fully meet the expectations of the worker. However, my intention is to illustrate how the centralized system can limit the true potential of human resources, paying them the same salary while being exploited in their functions.
Decentralized platforms
In the case of Blockchain, taking as an example a decentralized social media platform, which works under DPoS system, we can see that the perceived payment for the work done is proportional to the effort.
The rewards are distributed equally among users who perceive a part as a liquid contribution and another in stakes. In addition to contributing a fraction that goes to the reward pool and also for the payment of witnesses.
The publications are valued according to the quality and the level of commitment of the user, this makes the payment system fair and transparent, in addition to leaving stored in blocks the auditable record, which remains as proof of each action performed by the parties involved, which could be useful, in case you need to clarify doubts or validate any result.
Benefits of Blockchain
Thus, are the achievements that decentralization has reached, so far, with the creation of a model adapted to the needs of each who where the participation of users is valued, who are rewarded proportionally to their effort and potentialities. Blockchain dispenses with fiat money as the main asset and adopts cryptocurrency as the exchange token, creating a self-sustainable financial ecosystem with high inclusion power, based on equality and anonymity, without the need of intermediaries. A system, where it is possible to accept any type of proposal or investment that is desired to materialize, given the diversity and breadth of joint criteria, based on the acceptance and support to entrepreneurship. Another characteristic that defines the benefits of decentralization and its altruistic nature.
Cryptocurrency Risks.
It should be noted, that there are risks when investing in Cryptocurrency. Although its value, at times, exceeds fiat money (Depending on each specific Token or the economic reality of each country); there may also be falls without warning, reaching levels never expected which could greatly affect any project that has been undertaken. It is advisable to get good advice on financial matters and the behavior of the virtual stock market, especially if you decide to take on the Blockchain as a personal job. On the labor level there will always be jobs available, but when we talk about a job that fits practically everyone's needs, I think according to my own criteria, it is Decentralization the financial model that offers the greatest advantages.
Conclusion
Blockchain is a growing system and decentralization, the scourge that defines the philosophy of every social media platform. We must keep in mind that we invest much of our time, knowledge and potential when we join the use of this technology. An IT architecture that allows us to carry out projects effectively, materialized by simply using our PC or smart device, while remaining in our comfort zone. It is in our hands to define the future of decentralization with our participation and joint work. Perhaps, for some of us, today it may represent a form of additional income, but according to our management and vision of the future, Blockchain could become a sustainable investment and our main source of work in the long term.
Original Content
2021
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