Another startup using cryptocurrency for UBI
There are many different takes on cryptocurrency.
One of the fundamental beliefs by proponents of UBI is that having a basic income stimulates the entrepreneurial spirit. There are many who desire starting their own business only to pass because "there are bills to pay". One of the results of the UBI programs run is that many people who receive the money do, indeed, start businesses.
A startup in Colorado decided to combine these two ideas. They are putting together a Universal Basic Income for those looking to start their own businesses.
They thought to themselves: What if social entrepreneurs knew they could count on a certain amount of money coming in each month? Wouldn't that free them up to devote more time and resources to making the world a better place?
The UBI provided by the Common Cents program will come in the form of non-speculative cryptocurrency token.
We understand the potential of using cryptocurrency for this purpose. It removes a great deal of the debate that comes with using government funding.
In addition to providing members with Common's take on universal basic income, Common Sense has gifting features designed to foster community spirit and encourage collaboration among member companies.
This is our experience also. We are proud that such a wonderful community for forming around Manna. There are people who are starting businesses around the acceptance of Manna. We also came across a number of people translating the Manna White Paper into different languages.
Community is what makes a cryptocurrency successful. Our belief is we are off to a great start.
We are also encourage to see other projects starting. The successful implementation of Universal Basic Income is going to require a great deal more evidence. There are many people who still believe the system we all operate under is equal to everyone. Few seem to want to admit it is rigged and tends to favor the elite on a large scale.
The last 30 years provides enough evidence for us to believe this situation is not going to correct itself. With the increase use of automation throughout the world. we conclude the income problems of today are only going to grow.
This is why we are so intent on making Manna a huge success. In many areas of the world, there is no other alternative.
To get your weekly distribution of Manna, go to https://www.mannabase.com. Be sure to sign up and verify your account.
I know that if I didn't have to work full-time, I'd certainly spend a lot more time not only working on my passion projects which could potentially be a revunue generator, but also I'd have the opportunity to spend time on gardening and mental health practices. If entire groups of people could be free'd to a point where they're able to spend some time gardening / working on community food production -- the implications would be huge.
You mean you wouldn't sit around all day doing nothing but drinking and watching television?
Hell no. I only watch tv if I'm fried from spending all day making someone else money. ;)
What else is going to drive consumerism though, if we're no longer watching commercials to find out what we really need?
Haha yes exactly, i think it would change art and music a LOT as people would no longer be compelled to make money from it and could make/sing etc whatever they wanted and felt rather than what is fashionable and will make them the most money.
So true.
Anything that helps people follow their dreams is a good thing!
Let's not forget about how the safety net that UBI would provide removes one of the biggest psychological issues, risk. I sometimes wonder how many entrepreneurs we're losing because they won't risk the ability to feed their family.
Yes there is no other alternative helping ,it's only by the way you wanna do it. Thanks for aim to help the world
Excellent. So happy the world is moving this way.