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RE: How might a basic income cryptocurrency affect governments, states, and citizenship?
You become trustworthy by consistently returning the favor. This is not basic income as basic income is, by definition, given in exchange for nothing.
Ah, true. I believe you receive the currency for nothing, but you can’t spend it unless other people trust you. So, yes, that’s a subtle nuance because if you have me a US dollar it’s already widely accepted and I could spend it in many places. This said, without a way to ensure people aren’t creating multiple identities, the system won’t work. So I don’t see how you get around the need for trust signals to make the currency viable.
Oh, I think the currency system is interesting. But it is no basis for universal basic income as it laid out in the white paper.