State controlled capitalism is where the state does all the business it accumulates capital and exerts centralized management and pays the wages for labor. In many cases, the state will have the controlling shares. The purpose is for the state to advance the major interests of the projects.
Jared Tate recently expressed, Welcome to state-controlled capitalism. The only way out is Digibyte, Bitcoin and Litecoin.
The idea of decentralization is about putting the power of money and work in to the hands of the people. Every transaction which takes place on the decentralized network is a success step towards the progression of blockchain technology.
So when some Digibyte community member states, sent 10 DGB to my daughter for getting me a glass of iced tea while I was busy putting on a 2nd coat of paint in her room. Now, that she has the Digibyte wallet, all chores will now paid in DGB.
Though a statement like this can mean it is nothing at all, this is in reality a sign of adoption. People whether they realize or not are contributing to some really great change towards decentralization a step away from state capitalism.
When it comes to Altcoins and the world of cryptocurrency, it is a lot more than just the value of the token. Many of them as of yet are not clear about the importance of decentralization and on how it can empower people. They are still worried about the price of the token going up.
Some of them are impressed by the speed of DGB. They are able to see that DGB is 40x faster than BTC. And they have to state that after transacting with both, I disagree –DGB must be at least 140x faster.
Though some of the comments appear exaggerated, the crux of the comments is that DGB is usable real time.
Josiah ‘Crypto Messiah’ Spackman stated after an early look at Digibyte 8.21.1? Well it kind of looks similar to what we’ve currently got, but we didn’t bring the themes forward because they were causing too many probs. Can always re-add later. Also, before @NigelBorreman asks, us about the “b”, it’ll be fixed soon.
So, it just looks like while at one part from the user end there is adoption and understanding of DGB happening every day and on the other hand there is a lot of development updates happening industriously. Digibyte is working to improve every day.
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