As blockchain has come into popular consciousness, much of the hype has surrounded its disruption of currency. Digital cash is how a vast majority of people think about cryptocurrency and blockchain.
And while this aspect is arguably revolutionary, blockchain has the power to radically transform more. There is a real and tangible democratizing force behind the technology.
Community And Contact
At the very core of blockchain is the idea of community. The technology was built by and fostered by a small community of idealistic members with a new vision for the future. This community was based on empowering every member, leveling hierarchies, and wrestling power back from large institutions and mega-corporations to put it in the hands of the people. This ethos has carried over into much of today’s Web3.
Some individuals say that it stands in stark contrast to the current Web2 model — Here, the Meta Platforms Incs (NASDAQ: META) of the world hold much of the power. They own the content and data produced by their users.
Blockchain offers users ownership of their own data and self-direction. One of the most exciting outgrowths of the crypto world is known as …
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