Super Simple Example to Understand Crypto & Blockchain

in #partiko5 years ago

recently, I was watching a video on youtube,
by a channel called as Kurzgesagt...

...at the end of the video, they said that over
10,000 people donate a monthly income to
this youtube channel!

these donations, help this channel Kurzgesagt,
to pay salaries to their employees, buy new
hardware & software equipments...

...pay for tech, make more videos, spend more
time conceptualising

these monthly donations help them remain
independent, and focus on quality over quantity!

they even went on to say, that Kurzgesagt, would
have been nothing without the support of the people...

Kurzgesagt is privately owned, its just raising funds
from its followers...

...but imagine, hypothetically speaking, what if those
10,000 people owned Kurzgesagt. The ownership would
be 'distributed'...

now, from this point onwards, we can begin to think
about blockchain & cryptocurrency...

you see, if we talk about any currency, like USD, Euro
etc, they are controlled by a single authority...

a cryptocurrency, is not controlled by a single point
of authority, but a group of people

see, blockchain & cryptocurrency are changing the
world, building a whole new level of trust... .

..making everything decentralised, so you don't have
to rely on a single body/person/entity which could
screw you up!

cryptocurrency, is "people's money" - in other words...

bitcoin, for example, is the first cryptocurrency ever
created...

we, the people, human beings, are collectively responsible
for its value...

...which we increase by using bitcoins more & more
in our daily transactions...

enough education for the day, lets get to some action!

imagine, if you were getting paid a minimum basic
income...

...this is the vision behind 'Basic Income', and that's
what the basic income tokens are all about.

the idea of Basic Income can eliminate poverty from
the world, and that's why, as a future cryptocurrency...

...basic income tokens carry HUGE VALUE!

which means, the more basic income tokens you
acquire today, the more your financial returns you
can get by selling these tokens in future...

...when they become a cryptocurrency!

claim your 100 tokens/day..

you can refer people & get 500 tokens.!

lets take massive action! :)

Posted using Partiko Android

Sort:  

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.034
BTC 63475.77
ETH 3117.23
USDT 1.00
SBD 3.94