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Instead of accomplishing a collective objective, a few bad actors accomplished personal objectives. It points to an idea that we should remove counter party ri
by hyprCoin 9y ago
Instead of accomplishing a collective objective, a few bad actors accomplished personal objectives. It points to an idea that we should remove counter party risk in these situations. One very popular attempt to mitigate counter party risk exists in crypto currencies.
Here is a subreddit discussing UBI + crypto combinations https://www.reddit.com/r/CryptoUBI/ https://www.reddit.com/r/CryptoUBI/
Personally, I believe that collective human interests can be accurately modeled with crypto currencies. Things like UBI, health insurance, other new unrealized collaborative goals likely will be modeled in this way. For example, if I could help end homelessness by accepting a certain coin for my goods and services, I likely would.