3min chapter

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#022 Solocast #2 - Web3 by a Winter Fire

Smart Friends

CHAPTER

The Blockchain Is a Cryptographic Technology That Will Advance Both Democracy and Capitalism

Blockchains are really interesting to me because I think there are a technology that will increase the effectiveness of both democracy and capitalism. A new sort of method of a software method, a new block of code means that we can create databases that are basically open for many people to view but with incredibly accurate permissions. The analogy for this is rather than keeping one book of transactions that is incredibly well guarded and only very specifically chosen people can edit it.

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