RE: First the blockchain will steal your job, and then it will compensate you for it with tokens. For EVERYTHING.

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First the blockchain will steal your job, and then it will compensate you for it with tokens. For EVERYTHING.

in busy •  7 years ago 

But that is a big part of the problem, who is going to do those jobs?
Those jobs are hard, menial, and (currently) low pay so why would anyone chose to do any of those jobs (and there are 100's more like them) if the option to survive while not working is on the table?

I would think that we will have to start bidding the price of those jobs up, which drives up the cost of everything, which blunts a huge part of having a UBI (tokenized or otherwise).

I do think that the tokenization of many aspects of the economy can be part of the puzzle of how we can increase the standard of living while decreasing total time spent working.

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