Post
Topic
Board Altcoin Discussion
Topic OP
Guaranteed basic income for everyone but they must give something back in return
by
Techniko
on 07/08/2014, 00:07:01 UTC
What about a crypto-currency with a guaranteed basic income for everyone but in order to receive this income you must do or give something back in return? This would work perfectly in small communities. With advancements in technology meaning that more and more people are losing their jobs, this could be a solution to that problem. And yes I have heard of Luddite fallacy but I believe technology will eventually displace most jobs. Although there will be new jobs created I highly doubt it will be enough to sustain the world's population. Surely most of these new jobs created will be technology-oriented and not everyone is skilled or intelligent enough to work with these technologies.

Excuse my English. I am German.