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RE: Ethics and Morality of Basic Income.

in #cryptocurrency7 years ago (edited)

I like the idea of this being voluntary in the sense that people are freely sourcing this Basic Income and people are freely signing up to get it. This is not taxing others' productivity...

REALLY???

people who dont know how money work are dangerous. They just think that the government can print money forever without creating HYPERinflation. Universal basic income will be INFLATIONAYRY, and the only way to avoid that is to strictly control the consumption of people

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Thanks for your reply. I think that it might be good if Basic Income is NOT done by the government, and with money that people voluntarily convert from fiat to cryptocurrency and give or invest in the platform providing the Basic Income in the form of cryptocurrency. This is happening now in the 2 programs mentioned and I am happy to be part of this experiment. My opinion is, let's collect data on how it works out and see the effects objectively based on the data.

it always starts with a good intention but any monetary system has created collusion because everybody follows it. And people who promote basic income in whatever fashion, often work for big corporations.

I am the founder of a endeavor dedicated to a money-free system, there are 3 organizations like this so far worldwide that I am aware of. And this idea is spreading too.

I just went to your blog and see you have written about Basic Income. You've obviously given this all a lot of thought. I followed and hope to learn more about your ideas. Wishing you all the best!

yes, at least we agree that that life cannot be capitalized upon. Cheers and stay in touch, I mean it :)

Except that that isn't necessarily true. Both in practice (in previous and ongoing experiments) and also in theory (it depends on where the money comes from and what monetary school of thought you subscribe to).

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