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RE: A Tsunami Is Brewing And Few Are Paying Attention!!!!
You made a lot of really good points for why I think we need Universal Basic Income. And we needed it yesterday, not a few years from now.
You made a lot of really good points for why I think we need Universal Basic Income. And we needed it yesterday, not a few years from now.
Please tell me what you think about my Project Magic Dragon idea @bananamemos - maybe we can whip up a perfect UBI system there. Not something I can achieve on my own though...too little manpower and too little dough! And by what @taskmaster4450 tells us it is a matter of importance to give it a go!
@clickdetyclick It sounds like there are elements of barter, gift economy and time banking in the Project Magic Dragon proposal... all worthwhile initiatives. We know that the current economic paradigm is falling, and that new ways of interacting with others' goods and services need to be implemented.
Thanks for taking a look @bananamemos. There are similar insular trading platforms that have been operating successfully for many years. (Search "Cape Town Talent Exchange" to see an example.) What I want to add to that concept is 1. to have the exchange decentralized. 2. to include a UBI. 3. to relate the value of the trading token to a fixed quantity of energy by consensus (which should be possible in a closed environment circulating a limited number of tokens).
The quantity of energy I have in mind is one unit of electric energy, with which most people are familiar. Having a means of transferring value with a specific value by consensus amongst participants takes speculation with it out of the picture, and leaves it to be little more than an accounting tool and a temporary store of known value. The idea is to give traders constantly renewed purchasing power, enabling them to trade with real goods and services - which is the primary goal of all currencies. Taking guesswork and worries about the value of the token out of the equation brings in a sense of security and a constantly renewed known amount of purchasing power with which participants can become familiar an plan around. This sense of security about their most basic means of survival will bring peace of mind, allowing individuals to flourish otherwise.
The UBI quantity is critical and should not be more than what is necessary to survive on, thus inspiring the creatively ambitious to remain productive and trade on this exchange for profit, accumulating fixed assets as a means for growing wealth.
I guess launching the project purely as a game may be a good way of introducing it. By its nature, it can then evolve into being a trading platform for real goods and services, as players become aware of its functional value as such - at their own risk.
Some novel ideas, but worth trying I think!