Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRT] Grantcoin: Basic Income Currency | Backed by 501(c)(3) Nonprofit
by
missionsuccess
on 10/11/2016, 16:09:53 UTC
Grant coin is just nonesense coin. What is all this crap this guy is on about ?
Basic incomes ? What !? Also he just ignored my previous post and there is still not much going on here. The Dev ran away ?

Sorry for the non response, the team has been focusing our energy on other aspects of the project.  The concept for basic income has been around for a while, there are many resources to look into on the web, Grantcoin is applying the blockchain technology to actually implementing it.  You'll notice in your research a lot of the constraints on why a government can't implement a basic income is taxation and the inefficiencies of how money is moved, this is where a NGO is valuable so no one government has the burden to fund basic income.  And of course the blockchain eliminates the efficiency of moving money directly to the basic income participants.   I hope we didn't frustrate you in our delayed response.  If you have any more questions please feel free to contact us directly.

Thanks!