Replying to Life is launched directly on the mainnet

With what Scott says, from a strictly practical point of view, the problem is that to do this you need more state.

The state already has companies owned by it but this did not lead to UBI in the strict sense. So why should be different with mining? To do well, they could use those funds to lower some taxes.

But if we want a distribution to everyone and that is not intended for someone chosen by the politicians we should take them out of the process (which is not easy because they would give up power). And so how can we put everything in the hands of states and politicians and then demand that we bypass them with a pre-distribution?

Do I miss anything?
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Trey Walsh 1y ago

What if in the case of Alaska UBI the state was removed and it was oil company directly to individual/family?

Or small communities agreeing with a fediment system and then doing it that way?

See, I even see govt issued UBI as an improvement to our current system (depending on funding mechanisms), so maybe we disagree there

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Life is launched directly on the mainnet 1y ago

You are right and I didn’t think about UBI in Alaska tbh.

But that’s due to oil and obviously you can’t dig looking for it on your own.

But you can mine at home. So why call for the state? Maybe it’s not so profitable now but with the right development in technology (and steps have already been taken in this direction), it could be. We could focus our efforts there and not ask anyone and not wait for anyone.

Small communities are still different thing and I think they are more similar to a self-managed solution.