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I propose a new type of economic system powered by crypto computing. A system where those that pay out the least in expenses get paid the most basic income. You
by ghthor 9y ago
I propose a new type of economic system powered by crypto computing. A system where those that pay out the least in expenses get paid the most basic income. You could then normalize the distribution to avoid an inequality problem and overly harsh punishments.
You turn each BI account into a bank. So I can pay with my BI as a debt using an escrow account. The payee could then redeem the value for cold hard cash, or if they hold it and use it as money they get interest based on the value I continue to add to the account.
An expense is a payment using BI that is redeemed for value instead of held as currency.
This would encourage good savings patterns and also encourage lowering the potential debts that might become redeemed. This empowers the service providers to punish overusage of resources by redeeming values instead of holding them. You could also build into the contract an enforcement to just punish those that use the most resources by auto redeeming there values.
In the end these punishments don't kill people, but they should incentivise more humans to lower the amount of resources they use with that slight gamification.