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RE: Steem Basic Income ready for full launch!
Is this only going to accelerate inequality growth?
Perhaps we need a Steem job guarantee program.
Is this only going to accelerate inequality growth?
Perhaps we need a Steem job guarantee program.
How would it accelerate inequality growth?
Theoretically if all the existing 'haves' bought all the shares, then it could... but this is why we set up the registration so that you have to sponsor somebody else to buy shares. We are aware of some ways to game it, and we will keep a sharp eye to determine whether the enrollment rules need to change.
I like the idea of a job program.
It's extremely easy for countries with fiat currencies to create job guarantee programs. They don't even need to raise additional taxes to do it. Have you ever heard of MMT (Modern Monetary Theory)?
Sadly, I don't know of a viable way of doing it with crypto currencies.