in #hive-1679222 years ago

Agreed with so much of this and I think we will see off line business in local areas developing their own communities and coins. Let's say for example where I live in Antigua, Guatemala have the Antigua area community that has there Arch coin since Antigu
El Arco Antigua.jpg
a is famous for the Arch.
Give local businesses away to offer discounts for paying with the Arch and have a xArch coin issued when the Arch coin is used.
These have their own value and can be used to convert to Arch or stake and have voting rights. LOL I am rambling but my point is I think you are correct and we will have millions of different communities with there own DAO system and coin/token.

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Without a doubt cryptocurrency offers communities a new path. Private money is nothing new, nor is localized money. What is different is the global ledger system. So while the money could be local, anyone around the world could support it.

Consider this idea with charities or other endeavors people support.

The possibilities start to grow exponentially and place control in the hands of communities.

After all communities are going to end up replacing corporations.

Why wouldnt everything else be targeted?

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No doubt people will be injecting funds into projects for multiple reasons.
I live a fairly humble life and it costs me about $2,000 a month and I have an expat friend that lives off of about $950 per month living in a boarding house.
That is definitely a form of community living.
My point is the normal pay around here for daily work is about $12.00
It does not take much investment to really help improve an alternative finance system.
The couple from the MoneroTopia YouTube channel works with importing coffeee to the states and give customers the ability to tip in XMR.
I believe they told me it averages out to be around $50 per month per worker.
That's four days of pay.
Walk away from banks and governments and the growth around the world will take off like a rocket.

The concept is the same everywhere, only the numbers change.

I believe people are going to start looking for ways to cut their expenses while making this shift. It is hard to argue with the fact that the potential keeps expanding.

$50 here, $100 there, another $25 else can add up.

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