Mayoral Candidate suggests Universal Basic Income and Digital CurrenciessteemCreated with Sketch.

in ubi •  4 months ago

https://michronicleonline.com/2017/08/04/mayoral-candidate-ingrid-lafleur-proposes-a-universal-basic-income-for-detroit/

SO FRIGGING AWESOME - we are nearing a faster rate of adoption for UBI and digital currencies.

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Very interesting to even see cryptocurrency be a part of this for an extra local boost, and to double the amount.

I do find it kind of odd though to suggest that the D-coins are limited to local goods and services at local businesses, but are also exchangeable for other cryptocurrencies like Bitcoin which means they of course can be spent anywhere in the world or even converted right into fiat.

I mean of course the coins will be exchangeable for other coins, so it seems weird to suggest they are somehow only able to be used locally, instead of suggesting they will encourage local spending through local businesses accepting them.

This is major:)