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RE: Property rights and Basic Income - A viable solution is possible

in #basicincome • 8 years ago (edited)

I agree that providing cheap or free basics is good way, but you can easily solve "money blow" problem by giving or even better refiling money every day (is easy to do so with cryptocurrencies) so every morning everyone have $100 for example, which they can't transfer to anyone, but can use to buy/rent basic stuff for himself.

8 years ago in #basicincome by
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     8 years ago 

    Yes, crypto-currencies easily solve that part of the problem. But, you left out everything below it. Like:

    • A person have a smart phone
    • A person keeping said smartphone
    • A person being able to maintain an identity
    • A person having the ability to remember that its a new day, they have more money.
    • A person understanding the meaning of money
    • A person spending the money on blow and not food.
    • A person knowing what to do if their normal routine breaks down
    • And a person being robbed every day

    (If every vendor accepts bit-payment. Then all you need to do is have a front that sells something, then your goons, take your machine and go shake down some undefended oldies for their daily bit-transfer)

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