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RE: 2018 Sharing Is Caring: Time To Make People Rich And End Poverty Around The World!!!!
Can blockchain technology make universal basic income a reality that won’t require more government theft (taxes)?
Blockchain and government have nothing to do with each other. Blockchain is borderless, nationless, and has no master...the government, well we know what they are.
Manna is not paying based upon any countries taxes...in fact, it isnt even in a fiat denomination...it is a crypto.
Yes, I figured as much.
My intention was to talk about the people out there who are calling for universal basic income who want it paid for through taxes. If blockchain can actually do it without government intervention or by collecting taxes, I’d certainly be open to the idea.
The entire cryptocurrency was designed solely for that purpose. It has no other reason for existing.
And you have no fear of UBI being paid through taxes anytime soon....at least in the US, our politicians cant agree on lunch let alone anything major. It will be a decade before they realize what is going on.
I’m Canadian. I don’t live in Ontario, but there’s already been talk if them trying it out in Ontario.
Back when I was younger, Ontario was the economic engine of Canada. Now it’s an economic basket case. It’s become the California Of Canada with the direction they’ve gone in. It’s quite frightening to me, because they hold about a third of the seats in Canada’s federal parliament. They can elect our federal government almost singlehandedly.
Yeah and it will be a two year study by which time, technology will have leapfrogged whatever they are trying to do. Remember, the politicians are always late to the game. They are reactionary.
One thing that they do have going for them is that those entities talking about it are at least aware of what the tech giants refer to...that technological unemployment is a real threat. There isnt even a mention of that in the US...either the politicians have no clue or they dont care.
You will like my next post...it deals with this issue in the future...we are seeing the basic income developing before our eyes...and most arent even aware of it.
Sounds great! I’ll check it out for sure.
I know politicians are clueless. One good thing about blockchain? Blockchain will make them way less important!