Post
Topic
Board Politics & Society
Re: Bitcoin Welfare System
by
Luckybit
on 15/07/2013, 18:39:37 UTC
Hey everyone,

I was pondering. What do you think a Bitcoin welfare system would look like? Bitcoiners are pigeonholed as anarchists and libertarians and thus against welfare, but I don't think "welfare" and the "state" necessarily must be conjoined. In other words, what is p2p welfare?

I pondered this here: https://www.goldsilverbitcoin.com/?p=1851


But thought a discussion would be great.

I had heard by Hearn that one day there will a little plugin where we can donate to websites we like (towards translating them, etc.). I wonder if this can be directed at individuals...

In fractal form, individuals who know others who need help could directly provide aid to that individual to get back on their feet. These fractals would usually start between family members and close friends, and represents a more efficient way of spreading capital to those "in need" than the current third party arbitrage system of welfare in which monumental resources are taken off the top.

It should be called basic income, not welfare.