new
100 Free Swift Demand Coins & 100 Everyday For Signup
Sign up for 100 Swift Demand Coins and receive 100 every day.
https://www.swiftdemand.com/?referred_by=100swiftfreeforall
What is Swift Demand?
Swift Demand is a basic income experiment. Each user who is signed up for the service receives 100 coins each day. No additional coins can be created with time or resources. No user can gain any other ‘advantage’ when it comes to acquiring coins.
What Is Basic Income?
Basic income is a concept where all people in a specific group are given a fixed amount of unconditional income. Ideally basic income should reduce poverty and help decrease the wage gap between the rich and the poor improving the quality of society.
Is This Similar To Bitcoin?
Bitcoin is decentralized Peer to Peer currency. SwiftDemand is centralized currency focused on the concept of basic income as the primary source of the coins. They are both online currencies, but have different goals and ideals.
Will Everyone Always Get 100 Coins?
The number will very likely stay at 100 for a long time, but eventually it will increase. The rate of increase will eventually be set to a healthy inflation rate that is in line with the concept of basic income.
Why Do I Need To Actively Claim My Coins?
Actively requiring users to claim coins lets Swift Demand ensure the user is both alive and wishes to obtain their daily allowance. It also requires users to be actively engaged with Swift Demand and encourages them to use their income regularly.
Is There A Limit To How Many Unclaimed Coins I Can Have?
Yes, the current limit to unclaimed coins is 7x the daily allowance of 100 Coins. This means that if you can’t go over 700 unclaimed coins and will be unable to gain more unclaimed coins until those are claimed.
Are Coins Tied To Real World Currency?
No, Coins are not tied to real world currency in any way and do not represent a specific amount of currency or value of any form. Coins are only worth as much as someone else is willing to pay for them.
Are All Coins Equal?
Different countries will have their own coins since the concept of SwiftDemand is basic income it unfortunately doesn’t work on a global scale. The average person in a third world country makes a vastly different amount of money than a person from a first world country. Making all coins equal would devalue them for people in first and second world countries making them effectively worthless. We also do not want to leave out people in Second or Third world countries either since SwiftDemand should be able to be used anywhere. The solution to this is have different categories of coins. The GDP per Capita in your country will determine the coin type that you receive. Separate countries that are close in GDP Per Capita will receive the same type of coin. While SwiftDemand is in beta we will give everyone the highest quality coin now to get the service started.
When Coins Are Region Split Will My Coins Become Worth Less?
No, during the initial transfer of coins from generic to region based you will be able to select the region of coin you wish to convert your coins into even if you are not from that region. However after the switch you will only receive coins from your specific region.
Will I Be Able To Trade Coins Across Regions?
After a region split occurs there will be a built in market to allow people to trade coins between currencies. The prices of each type of coin will be dictated by the free market.
Sign up for 100 Swift Demand Coins and receive 100 every day.
Congratulations @sidsid! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @sidsid! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!