I clicked on swiftdeamnd daily for a few months now. It is a great idea. I have no idea if it will come to fruition. It is a lot further behind Manna in terms of their progress.
The idea of basic income is worthy and I really do hope more projects like this get off the ground. I am very high on the team at Manna and what they accomplished so far. At this time, they are light years ahead of swift.
We will see what the swift team can put together. The fact they are having an ico is a good step. Having a token that people can actually do something with is a major hurdle. Getting on an exchange allows people to cash out of they choose.
Their desire mirrors a number of other ones that I read about (being a defacto currency, having all kinds of businesses on the blockchain, etc...).
I believe that a universal basic income must be established by governments or by the UN because a universal basic income has to have immense resources and capital. That can not be provided by some coin.
I do not get it how the invention of Blockchains can help us establish something like that.
the problem currently is, that more and more people cannot take part in the economy, because they dont have access to enough money. The current interest based system increases this year by year. Therefore a currency that is widly distributed can even compete to dollar or bitcoin, because both suffer more and more the distribution problem. Therefore paying with an basic income currency can become much more widly used and easier then paying with BTC, because people simply have access to the currency.
@arcurus I see your point but the problem is that it currently still is too difficult for most people to even use Bitcoin... How should they be able to use 5 different currencies?
true, currently its too difficult to use for normal people.
Technically it can go as easy as credit cards / paypal. Also the internet was difficult to use in the beginning.
In the mid term only two currencies are needed. The local currency like dollar and the global basic income currency. In the long run the basic income currency will dominate all other currencies, still there will be more currencies, but same like dollar only one currency will be mainly used.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by holger80 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.
I clicked on swiftdeamnd daily for a few months now. It is a great idea. I have no idea if it will come to fruition. It is a lot further behind Manna in terms of their progress.
The idea of basic income is worthy and I really do hope more projects like this get off the ground. I am very high on the team at Manna and what they accomplished so far. At this time, they are light years ahead of swift.
We will see what the swift team can put together. The fact they are having an ico is a good step. Having a token that people can actually do something with is a major hurdle. Getting on an exchange allows people to cash out of they choose.
Their desire mirrors a number of other ones that I read about (being a defacto currency, having all kinds of businesses on the blockchain, etc...).
They have a long way to go in my opinion.
I believe that a universal basic income must be established by governments or by the UN because a universal basic income has to have immense resources and capital. That can not be provided by some coin.
I do not get it how the invention of Blockchains can help us establish something like that.
A coin that is provided as UBI can be useful when it is used for exchanging services or goods.
yeah but paying it in BTC or Dollar/Euro would just be simpler
the problem currently is, that more and more people cannot take part in the economy, because they dont have access to enough money. The current interest based system increases this year by year. Therefore a currency that is widly distributed can even compete to dollar or bitcoin, because both suffer more and more the distribution problem. Therefore paying with an basic income currency can become much more widly used and easier then paying with BTC, because people simply have access to the currency.
@arcurus I see your point but the problem is that it currently still is too difficult for most people to even use Bitcoin... How should they be able to use 5 different currencies?
true, currently its too difficult to use for normal people.
Technically it can go as easy as credit cards / paypal. Also the internet was difficult to use in the beginning.
In the mid term only two currencies are needed. The local currency like dollar and the global basic income currency. In the long run the basic income currency will dominate all other currencies, still there will be more currencies, but same like dollar only one currency will be mainly used.
Nice
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by holger80 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
best app for view cryptocurrency stats and signals https://usignals.com
Congratulations @holger80! You have received a personal award!
Click on the badge to view your own Board of Honor on SteemitBoard.