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> new users with no trust connections will have to get their closest loved ones to be their initial connections > users who are new to the system and don’t hav
by unfamiliar 9y ago
> new users with no trust connections will have to get their closest loved ones to be their initial connections
> users who are new to the system and don’t have many trusted relationships have a less valuable currency than someone who is well-established
Isn't a design like this going to screw over quite a lot of the very people UBI would be most needed for?
- adjkant 9y agoAgreed. However, I think that a centralized identity system could solve this if crafted properly.
- ghthor 9y agoI think the difference here is who's minting coins. I don't see a reason the disenfranchised couldn't band together and create their own validator. This gives them currency internal to their community, which they can start using right now. A huge difference from what exists now. How would you possibly do this with our previous technologies, youd need enforcement to stop cheaters and scammers, youd need trustworthy regulators to distribute coin equaly, avoiding bias and discrimination. Both of these very real negitive behaviors are now very difficult if not impossible, and it didn't require a military and a complicated beaucracy to enforce.