January 10th Weekly Terracoin Update — Decentralization

Decentralization

I was talking with a community member yesterday and I was reminded about why decentralization is so critical.

I thought I would take a minute and talk about it.

We took over Terracoin and put so many hours into it because decentralization of currency is extremely important.

With a decentralized currency you aren’t beholden to any bank, or a nation.

By decentralizing the whole currency and through the use of decentralized governance everyone is empowered to create their own communities and networks to unfetter endless opportunities. All of these communities and networks work together to achieve a stable ecosystem. These opportunities in the ecosystem can be in the form of helping the world, creating your own personal bank, having a steady reliable income of TRC, or even inspiring entrepreneurship.

And that is why decentralization is so important for a currency.

With decentralization we don’t have a boot on our necks caused by an unstable banking and government environment.

Instead we have a common goal that anyone around the world can take part of!

I’ll step off my high horse now and get to the rest of the weekly!

Vote!

Remember to vote with your Bitcoin on SouthXchange! Looks like we have been knocked into 5th place by some coin I have never heard of. Let’s push them back to oblivion!

Lawyers

I guess the vacations are coming to a close! The lawyers got back to me and they said they would send me a cost estimate on the opinion letter.

Another lawyer firm was also pointed out to me and I contacted them, but they haven’t replied.

We now have $1500 USD promised for the original non-profit status! Let’s get this done!

Conclusion

That is it for this weekly!

Remember to vote and check out our social media in the link list below!

Current TerracoinCore Version: 0.12.2.4 — Date Released: July 19th, 2018

Discoveries

Development Needs HW Wallets

Sponsoring the team of para-athletes

Proposals

Funding for a Laptop and Printer for exclusive use in Hospital of Hope located in Mango, Togo, West Africa

TRC Foundation Pay Proposal 2nd Year

Numbers!

One month ago, we were at 0.00000594 BTC (.0207 USD) and today we are at 0.00000529 BTC (.0194 USD).

A year ago, we were at 0.00002641 BTC (.3620 USD).

We are ranked 913 on coinmarketcap with a market cap of $447,008 USD. Last week our rank was 910 and our market cap was $481,451 USD.

Source: https://coinmarketcap.com/currencies/terracoin/#charts

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Last Week’s Terracoin Weekly Video Update

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