Post by @royalfamily • Hey
I just voted "Yes" on "Record and Publish Stargate Community Calls" https://snapshot.org/#/stgdao.eth/proposal/0x11e9daab4e806cba220d5d6eae6be76f799f27ad20
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The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. Blockchain provides data integrity with a single source of truth, eliminating data duplication and increasing security. In a blockchain system, fraud and data tampering are prevented because data can't be altered without the permission of a quorum of the parties. A blockchain ledger can be shared, but not altered. There can be no democracy without truth. There can be no truth without controversy, there can be no change without freedom. Without freedom there can be no progress. The blockchain is an incorruptible digital ledger of economic transactions.