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RE: How STEEM will solve global inequality
Its certainly a test case for a universal income. Truly an exciting project which i am lucky to be apart of so early.
Its certainly a test case for a universal income. Truly an exciting project which i am lucky to be apart of so early.
Isn't it? The thought that an economy can be fueled by humans interacting with each other might sound like an anarcho-psychedelic absurdity, but Steem has made this possibility very real.
Who would've thought humans being social could end poverty!
That is exactly what I realized. Never before have I given a universal basic income any thought, how does giving money away to everyone solve anything when looking at inflation. It doesn't, that's not the value, that's not the substance.
The value is the ability to self govern. We don't need to give people all the cash they need to pay their bills, we just need to give an incentive. This incentive can be lost depending on the individuals behaviour in that said society.
It's working perfectly here so far, I see no reason why the principles governing steemit's community can't be transferred and utilized in the current governmental forms or am entirely new style of society all together, perhaps one that uses crypto's :-o!
Lol A man can dream.