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> I'm curious about this. Any references? Yes, see my post above for links about one possible cryptocurrency approach called Group Currency (disclaimer: I am o
by itistoday2 11y ago
> I'm curious about this. Any references?
Yes, see my post above for links about one possible cryptocurrency approach called Group Currency (disclaimer: I am one of the contributors to that idea).
Group currencies can be thought of as "company-tribes" where relationships are familial instead of exchange-based. We'll post a simplified version of this scheme to https://blog.okturtles.com https://blog.okturtles.com soon.
The TLDR of the simple method is: (1) members of the company-tribe all accept payment for their products and services to the group's account. (2) Funds are divided evenly until a basic income has been reached for each member (say, for the month), after which all additional funds go to the member who is generating them.
> The problem I see is that you already have this huge taxation burden which soaks up surplus wealth that might power such things. Implementing basic income at the government level would redirect this firehose, but I don't see how decentralized voluntarist approaches would achieve that.
This is a great point, and one that needs to be considered and discussed.
It is possible for a group to both pay taxes and provide its members with a basic income (and campaign for an end to mandatory income taxes ;).