UBI via blockchain

get ur commie coin outta here, pinko

>>2944122
bcc is basically ubi though amirite

everyone got free monies from the gov essentially.

File: 150814_POL_SandersBlackLivesMatter.jpg.CROP.promo-xlarge2.jpg (544KB, 1180x842px) Image search: [Google]

544KB, 1180x842px

>>2944122
Fuck off.

>>2944122
>Predatory jews will be out of a job
That's why UBI will never take off. The "jews" stay in their own little country club right now, because the dollar buys everything at the moment. The dollar IS everything at the moment.
You'll have to wait for crypto to become the universal format of value before you can see UBI and other forms of accountability. Jews like leaky pockets, goy.

>>2944142
welfare is 1000x worse than UBI, which is what system we have currently

have fun wagecucking for $50k a year because it takes a million people to run the welfare system

>>2944122
WelfareCoin WHEN???

>>2944122
>If someone was rich they could choose to refuse the coins.

Because that's what everyone does right?

>>2944166
that's what rich liberals all say they do

since we can see the blockchain we can tell who's for real and who's bullshitting

what's to stop someone from generating addresses to get more money?

File: r-k.jpg (50KB, 527x298px) Image search: [Google]

50KB, 527x298px

>>2944157
>Welfare is bad
>Everyone on welfare is good

>>2944174
this is the tricky part

it will need to be tied to your social security # or some other unique #, probably a private key that is generated at birth that only you have access to

>>2944183
lots of people on welfare are bad

a blockchain gives us the ability to track what they spend their money on, instead of them using food stamps to buy milky way bars and 2L of pepsi

this is called inflation and it will do nothing but lower the value of the token an amount corresponding to the amount released to welfare recipients kek

>>2944202
It wouldn't be inflationary if the takens were siphoned from accounts with the highest balances.

>>2944122
Why would you need a coin for that? People need food, shelter, some other stuff on daily basis, not some useless token. Perhaps it may be useful if the ditsribution was controlled by blockchain, but not much more than that.

>>2944219
so the record of the public's money and how it is being used is public

>>2944211
>siphoned from accounts with the highest balances
then everyone would spend their money before it got numerous enough to be siphoned from

>>2944258
>then everyone would spend their money before it got numerous enough to be siphoned from

t-that's something brilliant I hadn't ever considered

the economy would fucking boom

>>2944307
What happens to the value of btc when whales buy and hold it? What happens when it gets dumped? I know you commie faggots bid reality farewell long ago but goddamn, do you even lurk?

>>2944565
A UBI blockchain has a distribution mechanism much different than bitcoin

File: adebisi[1].jpg (34KB, 444x333px) Image search: [Google]

34KB, 444x333px

>>2944122

Hear me out pls:

People need to generate energy through solar in their back yards, wind etc.

They get paid for energy they release into the grid. Free money but coming from a productive source - people just need to maintain and look after their shit like a low maintenance farm.

But, initially Gov buys for citizens, meaning anyone can then make money being useful, with no excuse for unemployment/poverty/welfare reliance etc.

In a theoretical sense, ((them)) aside, could this work and be sustainable?

>>2944625
>meaning anyone can then make money being useful, with no excuse for unemployment/poverty/welfare reliance etc.
Everyone who's not a land owner would bitch. Which would be a huge number of people.
The people who accept power grids for free wouldn't start seeing money for years because that would go towards paying off the initial install and by the time they actually paid off their solar debts if it was as wide spread as you're saying the energy devaluation would end up causing energy prices to drop meaning there'd be even less money circulating the imaginary payback.

>>2944625
instead of a solar farm producing electricity they could be running mining software on any computer they own, smartphone, TV, , etc., securing a blockchain

also just as useful and a lot cheaper to set up with less technical knowledge. In fact the hardware miners could just be added to existing device SoC's

>>2944724
Yeah i mean not fixated specifically on solar, wanted to use a similar analogy to mining and powering blockchains.

>>2944775
Like this, I just think as an alternate to welfare, in the future where we dont need people physically working so much but no point having like 1% of people profiting from automated work.

Ideology/politics aside, its just not ideal, theres way too many people and those who miss out become a burden

This thred is awesome guys, save it to the future, start working on these ideas. We must take the control out of the hands of "you-know-who" thats the only way human kind progress. We are using fuel until these day, look how much they control everything... The only good future is a descentralized one, otherwise is just a huxley-orwell future...

How do you prevent niggers receiving UBI Coin from having 20 kids to collect additional UBI? Who works to produce the things being bought with UBI? Why does socialism always fail?