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RE: How does Universal Basic Insurance compare to Universal Basic Income?
I think Dan declines payments voluntarily, which I assume does go back into the ecosystem.
I think Dan declines payments voluntarily, which I assume does go back into the ecosystem.
Exactly, it is automatically redistributed to all players. By declining payments I also get more honest feedback than I would if people were attempting to bandwagon curation.
That is really cool. I wrote kind of about this and the steem ecosystem, but I am too small for anyone to notice much. Its called A Parable.
"A group of smart people get together and develop a money and government system allowing all in society to function more efficiently. At first all are excited and willing to be led by smarter ideas...."