Subnostr

I once considered this same notion, as Peter McCormack would always bring up ‘how do we protect the most vulnerable society?’. In the short term, this might be a good idea for those feeling generous enough to give. But the incentive isn’t there longterm imo.

Bitcoin, in itself, is UBI through technological advancements to food and energy security for the human race.

We just need more time back to give to other humans in need.

Trey Walsh 1y ago

Kind of very loosely, similar stuff! I’m excited to explore social good and support with bitcoiners!

I hear many bitcoiners talk about care and support for the community, but they want govt intervention out. So how do we get there when bitcoin really goes big? Is there a balance? What is it?

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Discussion

Bison 1y ago

I realize this is all hypothetical, but I believe bitcoin removes any unproductive actors in the system and rewards productivity towards human flourishing.

In this situation, the most vulnerable will benefit, even if unable to be fully productive.

Less Wall Street bankers, more nuclear physicists for example.

But in the meantime, a decentralized approach where every town or neighborhood has a small pool of funds to distribute periodically would be the way to go imo. Then again, it turns into a government type situation just on a micro scale.