Ask HN: Basic income and digital currencies ?
1 comments
This is an excellent idea. This could instantly create the kind of huge network effects that would surpass a lot of other mediums of exchange.
Something similar is being done by Auroracoin (http://www.auroracoin.org/) in Iceland:
"Auroracoin is a cryptocurrency for Iceland. It is based on litecoin and is 50% premined. The premined coins will be distributed to the entire population of Iceland, commencing on midnight 25th of March 2014."
Adding a recurring revenue stream built into the protocol would be interesting.
Something similar is being done by Auroracoin (http://www.auroracoin.org/) in Iceland:
"Auroracoin is a cryptocurrency for Iceland. It is based on litecoin and is 50% premined. The premined coins will be distributed to the entire population of Iceland, commencing on midnight 25th of March 2014."
Adding a recurring revenue stream built into the protocol would be interesting.
So, why not a digital currency implementing this trending idea of a basic income for all ? For example, registered users could receive a monthly income they could spend on the network.
http://en.wikipedia.org/wiki/Basic_income
I don't know if it's a bad idea (I guess so), but I just wanted to share/ask.