When Lehman Brothers declared chapter on September 15, 2007, a veil was lifted from many individuals’s eyes. As an increasing number of dominoes fell, the issue of the focus of capital and energy turned obvious with phrases like “too big to fail.” That betrayal of belief spawned a better curiosity in monetary issues and actions like Occupy Wall Street.
When Satoshi Nakamoto posted the Bitcoin whitepaper on October 31, 2008, few individuals realized the potential impression. As an increasing number of miners joined the community, people realized that by working collectively they might empower each other. That spark ignited the Cryptocurrency Revolution gripping the world at the moment.
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You Say You Want a Revolution
The widespread thread of those actions is particular person and collective motion in opposition to unaccountable management. Martin Luther challenged the excesses of the Catholic Church. The American colonies fought in opposition to “taxation without representation,” and the French and Russian Revolutions in opposition to the divine proper of kings and czars. Perhaps most significantly, the Gandhi Revolution achieved self-rule via non-violent means, and conjures up to today.
Cryptocurrency carries that legacy ahead. Just because the French fought for “liberty, equality, fraternity,” this new Industrial Revolution makes all three accessible. Each coin is sort of a colony unto itself with the one barrier to entry being worth, all combating for his or her independence. Unlike the monetary programs we have been born into, decentralized cryptocurrency platforms enable individuals to have a say within the evolution of their cash. When establishments can not be trusted, we’re left to belief in each other.
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Take the Power Back
Against that backdrop, UniPower got here into being final 12 months. The Proof of Liquidity idea, sending 100% of the POWER provide to UniSwap, ensures a good distribution of tokens on the free market, versus the manipulation inherent in conventional markets and a few cryptocurrency tasks. The openness and suppleness of the UniPower community permits all POWER holders to actively construct upon the inspiration set in place and govern the course of the ecosystem.
Decentralization will not be with out its pitfalls. The Occupy Wall Street motion is an effective instance of what can occur when a leaderless group makes an attempt to make change. It fizzled out earlier than it might harness the ability of its people. Also, the shortage of any management can go away members of a gaggle ready round for another person to take the initiative and trigger a challenge to stagnate. Balance is the important thing.
With that in thoughts, the UniPower community’s answer is to interact and activate as many members of the group as attainable. Every POWER holder has a novel perspective and life expertise, and all are inspired to share that to complement the group. By instilling extra members with a way of possession, the community turns into stronger via better accountability. The established POWER DAO ensures all holders have a say in how the community is run and offers a mechanism to codify mandatory adjustments.
Thus, the group is supplied to evolve and create a “more perfect union” below the guiding ideas of “liberty, equality, fraternity.” E pluribus unum.