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This is pretty cool. It reminds me a little of a concept I have been working on which is part currency and part UBI experiment. (shameless plug) It is called Th
by snarf21 6y ago
This is pretty cool. It reminds me a little of a concept I have been working on which is part currency and part UBI experiment. (shameless plug) It is called The Good Loop (thegoodloop.org). It works by Charities creating tasks that reward some number of credits. Volunteers perform the tasks and earn credits. Merchants accept credits for goods and services. Merchants then donate the credits to the Charity of their choice. It is a closed looped system to encourage and reward volunteerism.
- luckylion 6y agoCan the merchants claim it as a donation on their taxes? At least in Germany, you can't "pre-donate", i.e. work to a charity and claim it as a donation. You'll have to agree on a price and the charity has to be able to compensate you and after everything is done, you can choose to not take their money. I'm not sure whether the third party in the transaction changes anything.
- snarf21 6y agoI'll add that to the list. I'm currently still in the building phase but tax implications will be something to consider.