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theadvancedapes  ·  3568 days ago  ·  link  ·    ·  parent  ·  post: SocialCoin: A Cryptocurrency for a Global Basic Income

Great points, I'm in agreement with you. I think the first step towards basic income should be taken by our current governments - but it will take a dramatic re-thinking of social and financial economy and no institution has yet been able to commit to that. If we did successfully transition towards basic income then the next step might be to change the role of money because it might be easiest to just make food free (maybe other things too). I'm not sure what role crypto-currency will play but it will likely be in the mix to if we're going to fundamentally fix the global economy.