A Universal Basic Income Based on Crypto and Trust

in cryptocurrency •  7 years ago  (edited)

Circles is a decentralised Universal Basic Income platform based on personal currencies.

I've been playing with a similar idea with my partner for about a year now - although it would be a more community-based initiative, and the value is between individual transactions in a closed community.

I suppose believing in something like this makes me an idealist, a supporter of socialism, and a bit of a technocrat, but initiatives like this are what will save our future.

An economy built on individual trust is a powerful thing. A currency whose value is based on transactions between individuals in a community is priceless.

Universal Basic Income Based on Crypto

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I like the idea too! An economy built on individual trust would require a lot of cooperation on individual levels and would bring unity back to communities. I would love to live in a community where there is trust in general. I envision a community where the adults can group together where there are tons of children playing, working together to grow organic foods, gather together to eat, enjoy evenings at a bong fire... I mean, they say it takes a village... but, these days, where is the village?