Quote from: Pizzalover420 on January 25, 2021, 03:00:40 AM

First off it would not be 40 hour coins a week, it would be 168 hour coins. You are not getting the coins for working, you are just generating the m1 money supply instead of the FED creating it all, secondly you don`t know how much fiat they could be worth 168 hour coins could be worth 300 dollars, I would assume unlimited because people would stop accepting central banker fiat and accept the new timed/duration currency as the world reserve cash supply.

So it would not matter if you are a doctor or farmer or unemployed everyone would earn 168 hour coins a week. Then their salary or wage they decide with their employer to get paid on top of that.

I would be more incentivize to work for a fair money supply, I have negative desire to work for fiat or bitcoin.

If you ask me 1 hour coin an hour = 730-740 a month that is better than the current welfare system we got now, let`s just say 1 hour coin = 1 dollar. That is still higher than people on welfare get in Canada, they give you $300 a month here for welfare and $600 for disability.

p.s. "A slacker at McDonald`s flipping hamburgers" works harder than all politicians combined and they actually serve the people.

firstly i just grabbed numbers of what an average fll time wage was.. which is 40 hours. and in america $7.50 an hour. thus deemed what was an acceptable minimum living cost of $300

but if the $ disapeared and we used a bread lof valuation(true cost of living) lets say a 1hour coin is then 3 loaves of bread.. the rest of my spiel still applies whether it measured in dollars or loaves.

..
but ow you have enumerated you want everyone to get 168 coins a week. what you wil end up finding out that 168coins or 40 coins would still end up exchange rating to the same nominal basic living standard of $300(120 loaves of bread).
infact if eveyone was getting free coins.. then 1 coin will debase down to even less value. meaning 1 coin wont even buy you a single loaf of bread in the future. (research inflation)

..
having system where the money creation is part of say being born. where instead of people creating money when asking for a mortgage they are creating money at birth that stays in a privkey lock until 18th birthday. where the value in the system is directly linked to the population. then that can balance things out.

as that money can then go towards healthcare college and other things of value that normally loans pay for. before it trickles around into the wider economy.

but just handing free money to people to spend that day.. will just raise the prices of products. because free money becomes useless