Cryptocurrency and Universal Basic Income (Currency with a Conscience)

in cryptocurrency •  7 years ago 

Grantcoin-logo-with-slogan.pngThe universal basic income is an idea that is starting to gain some traction within the technology arena. Job disruption due to automation weighs heavily on the minds of many who are involved in this field. While there is great debate about whether or not technology will actually create more jobs than it destroys like it always has, there seems to be little argument over the fact that the pace of this change will cause many to find their skills do not transfer to the new job market.

Many feel the answer to poverty is giving people more money. In essence, the reason why people are poor is a lack of money. Again, not wanting to get into a debate here, it is fair to say the present wealth distribution worldwide is only getting more unequal. This is something that UBI seeks to solve.

Unfortunately, the present political climate in many parts of the world make this system dead on arrival. It seems that our present "representation" cannot agree upon what the weather is like let alone something that will change the lives of most all of the citizens it represents. Even getting past the political ideologies, which ironically should not apply since this idea was supported by men ranging from Richard Nixon and Milton Friendman to Martin Luther King, the big question is always how to pay for it?

This is where cryptocurrency enters the picture. A universal basic income available to everyone in the form of digital coins solves the "how to pay for it" problem. Individuals could get coins deposited to their digital wallets on a monthly basis. The coins should grow in value as the currency becomes more popular around the world. Even if direct acceptance by merchants does not occur, they coins can be exchanged into USD, Euro, Bitcoin, or any other currency someone wants to use. The wonderful aspect of all this is people pay nothing to get the coins. They are given freely as a right.

It is heartwarming to know this effort is already under way. We have seen the world's first (and to my knowledge) only UBI that is open to every person on planet Earth. While other UBI pilots are underway, they are nation-state related and only offered to a handful of test subjects. While I applaud the effort to test the system out and compile data to further the debate, it is wasting precious time. The age of automation is upon us. Besides, we live in a world with a $70T economy (based upon GDP); it is absurd to think that we cannot provide some of the most basic rights to everyone in the world.

Please click on the link below to sign up for your coins. Remember, this is your right as a human being simply because you exist. You are entitled to this currency and only need to sign up to earn it. Please follow the instructions completely since the sign up process is a two step approach (sign up for the wallet and then to be part of the program). Also, we need to get the word out so, once you are signed up, please forward this on to everyone you can think it (you will get a referral code which will earn yourself and them a few extra coins each month for the first year). This is their right too.

We are looking to stop poverty in the world. For too long the system has been rigged to favor the few at the expense of the many. This is something that led many of us here to Steemit. Please upvote this and resteem it in an effort to make it go viral. This is far to important to let pass on.

Thank you for all your help.

http://www.grantcoin.org/get-grantcoin/basic-income/?referral-code=fbt5zz3bfh

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