How Cryptocurrencies Like Bitcoin Can Democratize Money and Society

Digital generated image of bitcoin sign made out of cubic pattern on cyan surface.

As cryptocurrencies like Bitcoin break new records seemingly every day, could this lead to a financial and cultural revolution? Or are we not quite there yet?

Cryptocurrencies have recently gained popularity as an alternative to conventional monetary systems. Blockchain is a system in which a record of transactions made in Bitcoin and other cryptocurrencies are maintained across multiple computers that are linked in a peer-to-peer network. Cryptocurrency has no centralized bank controlling the flow of money, but rather a decentralized system controlled by algorithms.

Crypto has been hailed as a way to democratize finances for all, not just wealthy elites. But with the rise in popularity, what are the potential pitfalls of these online currencies?

“Blockchain is a way of digitally marking the development and moving around of this money—you’re making sure that it can’t be counterfeited. They do it in such a way that it’s anonymous and decentralized, but secure,” Zeus Yiamouyiannis, author of Transforming Economy, said.

“The current monetary system can be manipulated; the supply can be manipulated to benefit very few people over the many. As we’ve been seeing over the past few decades, the same pattern keeps emerging and it’s growing, and that is greater and greater gambling by the big boys, to the point where they inherently fail through their greed. And guess who bails them out 100 percent of the time? The little guy who had absolutely nothing to do with it,” Yiamouyiannis said.

Watch more:



Next Article

Rituals for Honoring Mother Earth

Rituals help infuse intention and purpose into our day. They can teach us how to create mini-ceremonies out of everyday tasks and gradually build a sense of gratitude for everything and everyone in our lives. A ritual could be as simple as taking a moment each day to look up at the sky in appreciation for this vast universe we’re a part of or slowly sipping your water with the intent to nourish your body.

For the purpose of honoring and celebrating Gaia, Mother Earth, here are few rituals to help you form a greater connection with her:

Meditate

Find your sense of stability and balance with the Earth by practicing a grounding meditation or Root Chakra meditation.

    1. Find 10 minutes in your day for meditation.
    2. Find a quiet spot outdoors where you can comfortably sit on the earth.
    3. Connect your breath.
    4. Focus on the location of the root chakra and visualize the color of the chakra.
      Enhance your meditation experience with: Essential oils- Myrrh, Patchouli, or Frankincense. Use a Mudra-Muladhara mudra.
    5. Finish your meditation by bringing your hands to your heart in prayer and returning to your breath. You can also try closing out your practice by chanting OM. 
Read Article

Related Articles

More In Personal Development

Our unique blend of yoga, meditation, personal transformation, and alternative healing content is designed for those seeking to not just enhance their physical, spiritual, and intellectual capabilities, but to fuse them in the knowledge that the whole is always greater than the sum of its parts.


Desktop, laptop, tablet, phone devices with Gaia content on screens

Discover what Gaia has to offer.

Testing message will be here