What do I love the most about cryptocurrency and delegated proof of stake?

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(Edited)

What do I love the most about cryptocurrency...

...and DPOS: delegated proof of stake on this platform?

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That is a hard question and an easy question.

I know why I enjoy cryptocurrency, thats easy, but the hard part is picking one...

I like cryptocurrency because it's innovative and new.

I like cryptocurrency because it allows more social interactions.

I like cryptocurrency because it's mentally stimulating.

I like cryptocurrency because I feel a part of a special community.

I like cryptocurrency because it makes me part of something larger then myself, the whole Sharing or gifting economy is something very special.

The Gift Economy

I think if I had to choose, being a part of this gift economy is probably the biggest reason I like cryptocurrency.

I define the gift economy as one based on the idea that we are not in economic competition with each other, we are actually in economic addition to each other. By this I mean each relationship we build in our network of friends or Followers
as we call them here adds both to our social wealth and our financial wealth. When we follow someone and their pictures, or music or writing starts to show up on our Feeds we not only have a friend to enjoy our content or consume our content, but also to comment on it and send us a tip a small or large sum of money, which unlike any tip we have ever given in our life doesn't come from our wallet or personal funds, it comes from the reward pool. Which is self regenerating each day.

This is a truly amazing thing. But it's not the only great thing about this gift economy and cryptocurrency. Theres a second aspect to this wonderful system we are in.

Teaching Life Transformative knowledge

I really like how cryptocurrency and the Hive blockchain and Leofinance allows us the joy of teaching cryptocurrency and DPOS as more than interesting information, but as life changing information.

You see teaching people about this platform allows me to teach people how to make money, by monetizing social behavior, story telling and networking. These are normal skills, we all possess in varying amounts, but these skills can be refined, improved and magnified. Thus monetized. This skill provides knowlege that changes lives, because money changes everything.

Yes, DPOS is a life changing system

I love to teach, but I know people are not always interested in knowlege for knowlege's sake, because they need to put food on the table and a roof over their head.

But teaching about crypto is different because you teach people how to make money, you are not just giving them money through upvotes, you are both giving them money and showing them how to make money.

Thats why DPOS is a life changing system

And to me, that is the most rewarding thing about cryptocurrency generally, and DPOS the Steemit, Hive and Leo way specifically.

And when people get it, I mean when they realize what your trying to teach them, and they start to get how much freedom is contained in this knowlege... Thats the moment I realize I have made a difference.

A useful metaphor for how I feel is this...

I am just one person, walking on the shore, throwing stranded starfish back into the ocean so they can survive. And just because there are hundreds of stranded starfish, and I can't save them all, that doesn't stop me or deter me, because with each starfish I save by throwing them back into the ocean, what I do matters to that one.

So every time I realize that someone reading my article gets it, and now knows how to fish for themselves, and possibly never be hungry, I think what I do matters.

And thats all thats important.
DPOS is a life changing system

Exponential Impact...

But the best thing of all is that it doesn't stop with that one person...
The best part of all is that when I help one person, I think they turn around and help two others, then those two turn around and help four others, and those four turn around and help eight others, and so on and so on...

Everyone I help, can duplicate and multiply my efforts, and thats the best reward a teacher can have, an exponential impact.

So know you know my why, because DPOS is a life changing system

Leofinance Signature Template March 31, 2021*

✍️ by @shortsegments

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Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance, where finance meets technology.

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Leofinance, where you can blog or share financial topic content to earn cryptocurrency, as part of a passionate social media community.

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11 comments
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I think its one of the biggest barriers. People are obviously interested in learning that you can make money online but there are only so many who are willing to go through the learning process. I seem to do better getting them to change to brave browser and maybe use presearch so they are at least earning something.

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(Edited)

Hi @jfang003

Thank you for your comment.
I agree that there is a lot to learn here, and that learning process may deter some people. I can only hope that the lure of potential self sufficiency and the greater pleasure of learning and building relationships will help motivate them. There is a lot of personal development which can take learning about cryptocurrency, which you can apply to the legacy banking system too.

But I think it's great that you show them about earning Bat on Brave, that's a great beginning and very valuable. Good Job!

Every instance in which we empower someone else to make their life better, I think we improve life on earth through a domino effect, which will eventually effect us. Even a single drop of water in a pond makes ripple effects which are felt far from the drop.

You are making a difference.

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Yea moving them slowly towards the direction of being a product rather than being used by a product. I think if they just naturally use it and see like $50 or $100 then they may be more open to the concept. I do wish Brave would choose somewhere else so they didn't have to deal with ETH fees though.

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Well said.

Yea moving them slowly towards the direction of being a product rather than being used by a product.

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Cool post @shortsegments!!! I can relate to it very well.

DPOS is a life changing system

It's the best type of minings out there. Far better than PoW & even its predecessor PoS. Actually helps with the decentralization of rewards in a more democratic way.

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Hi @finguru
Thank you for your comment.
I agree with you. I built a few cryptocurrency miners and I have been involved with POS and Masternodes. I think DPOS is a very good system.

I also agree with you about decentralization, this rewards system distributes tokens every day, in a bigger and bigger network of people, increasing decentralization over time.

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Awesome, looking forward to more blockchains adopting DPoS. Dan Larimer did a great job creating such a path-breaking protocol. Totally love it!

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This is a cool explanation. I need to put mine on paper too. I am glad you explained this to me before I joined, so that the second time around I understand it even more.
Thanks

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