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makeasnek t1_j6h0stz wrote

We don't have to wait on the government to implement basic UBI, cryptocurrency can make such a scheme turnkey. For example, you can make 1% of transaction fees get redistributed to users, you can make rules based on wealth of different users, etc. You can vote on-chain about changes to the rules. For example, 1% of fees can be redistributed to users, 10% of fees can go into a common healthcare insurance fund which anybody can request funds for and be reimbursed from, etc. 100% transparent, no middlemen, free to anybody who wants to join it, and completely uncensorable. There are cryptos already working on a model very similar to this. This is one of many reasons why I am very excited to see what DLT brings us in the next 10-20 years, it has the power to fundamentally change society if people can get past "I saw that crypto was a scam in an article title once".

Instead of all being stuck in whatever economy we are born in, we can choose to participate in an economy that reflects our values, whatever they may be, and we can be in multiple economies at once.

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