NYC is a high-tax, high-growth region. It should use a blockchain to distribute tax credits to those people who need it most. Those people can then take the tax

NYC is a high-tax, high-growth region. It should use a blockchain to distribute tax credits to those people who need it most. Those people can then take the tax credits and spend them at city businesses. The great thing is that it could defer these tax credits... that is disallow them to be resolved for N years. Experience growth now and pay for it in the future. It would be an interest-free loan (though in reality, the credits would be discounted) ... in other words it would be currency. It could easily transform welfare within the city. [1] https://news.ycombinator.com/item?id=17041697 https://news.ycombinator.com/item?id=17041697