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RE: Hypothetical Price Stable Crypto Currency with Basic Income

in #basicincome7 years ago

My grandma gets a basic income in her retirement. It's called social security. She was FORCEd to pay into that fund.

My sister is a bum. She has been living "comfortably" on welfare for over 30 years already.

When the USD is replaced by the Phoenix, Amero, XDR/SDR or whatever, then the Witnesses just change the peg and crash the existing valuations?

A Bitshares Fee-Backed Asset (FBA) provides income. Can we discourage hoarding however which in turn could discourage hegemonic tendencies of its holders?

Identity needs to be solved first. ID theft is easy, even in a digitized biometrics schema. Reputation, consensus, biometrics.. Maybe Witnesses should operate at a local level as well. A newborn baby for instance needs "ID".

Will my daughters get free money upon account creation? Hmm, maybe I should have a few more kids. Heck, maybe I should adopt a few kids too.

Just a few things that came to mind.

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