Crypto-currency governance may be the hardest part.
So I’m trying to use digital money creation to pay people an Universal Basic Income (UBI). There are three main problems that need to be solved before that can happen:
Tailored for democratic monetary systems
So I’ve been trying to see how I could improve on the democratic.money simulation and turn it into an actual monetary system.
The amount doesn’t matter. What matters is that you reach the most people you possibly can, in the fastest and cheapest way you can, with lifetime guaranteed payments.
Let’s think of people who have nothing.
Universal Basic Income and Democratic Monetary Systems are easy to implement… once you have a global ID system that supports them.
Here’s what the People of Earth’s ID could look like.
The software is done!
Do democratic monetary systems work?
Help me test it out at: https://democratic.money
I need to check out whether the service can handle actual users using it. I…
Sending money to external systems.
The democratic.money system is a simple social network that pays out a fixed quantity of virtual currency to every verified users. Besides allowing users to send money…
Why democratic.money is invitation-only.
The democratic.money social network is a simulation of a Democratic Income monetary system.
And what the hell is a “virtual currency”?
So what exactly is the specific, actual, concrete web application that is going to run at http://democratic.money ?
Solving the “Bitcoin-based Unconditional Basic Income” problem through a single, public “Facebook” application server run by 11 separate companies.
Draft #2 may 30th, 2017.
We believe in absolute monetary freedom. We believe that all persons hold the inalienable human right to create and to operate their own monetary system. We believe that the freedom to operate any symbolic system with volunteer…