RE: Cryptocurrency And UBI
the problem with any UBI solution is that there is two end of the table.
- people who want some income. this one is guaranteed
- people who fund it somehow. this is the hard nut
there are already great solutions to ubi and there will be more soon. its not a technology question. we need people to fund it and since government involvement is not necessarily the greatest idea, the private sector have to do it.
we need motivation for private corporations and even individuals.
imagine a defi contract where anybody can stake their tokens (like cub kingdoms). they receive reawards for doing it, BUT a small portion would go to a pool which is distributed as ubi.
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