RE: Hypothetical Price Stable Crypto Currency with Basic Income
Very interesting thoughts, Dan!
I'm not sure if I missed it, but seems like you get the BIT just once. But then there is the possibility of getting BICs regularly if the conditions are right, which you could sell or use to purchase what people generally need an income to buy. I like the idea of different tokens for different purposes and it seems to work here on Steemit.
Two Basic Income pieces of trivia!
First, did you all know that this past summer while we were discovering and diving into steemit, the Swiss were taking a vote on whether or not to give every citizen $2500 a month in Basic Income? All you had to do was sign up for it; it did not matter if you already had an income or what your current assets were. The Swiss voted this down, but other countries are also thinking about this concept. Reference: http://www.cnbc.com/2016/06/02/what-you-need-to-know-about-the-swiss-basic-income-vote.html
Second, there is already a Basic Income cryptocurrency which you can regularly receive just for the asking! The token is GrantCoin and it is issued quarterly to anyone who signs up. Their first distribution was on July 1st of this year and their second was on October 1st. I signed up in June and received both distributions. Only around 250 people got the first payment, but over 750 people in 69 countries got the second one. Now, almost 1300 people are signed up. The GrantCoin token has a pretty good price chart and you can buy and sell it on Bittrex although the volume is very low. Reference: http://www.grantcoin.org/
I look forward to seeing if others proceed with this kind of thing. There is already mention of work being done, here in the comments. I'll be watching!
The French senate is looking to a project to propose a basic income in euro to 25,000 people. But we have a presidential election in may 2017 and several candidates are thinking about including a basic income into their program. Far from the Trump's program !
Thanks for that information! I do feel this will happen in Europe before it happens here in the US, although we can participate through Grantcoin and any other cryptocurrency that might be created to follow @dantheman's plan.
Do you by chance have Referral Code for grantcoin?=)
I do have a code; thanks for asking! This is a cut and paste from the email I received when I signed up, back in June:
Important: This is your bonus referral code: d8nehnu84s
We encourage you to give this code to anyone you would like to invite to sign up for Grantcoin Basic Income -- your family, friends, coworkers, acquaintances, friends and followers on social media, etc. When they sign up, if they use your referral code, you'll receive 100% extra Grantcoin the first year for every person who signs up with your code! (Sign up 5 people, get 5 times the Grantcoin. Sign up 10 people, get 10 times, and so on).
This link will take people to the Grantcoin signup page with your referral code already pre-entered:
http://www.grantcoin.org/get-grantcoin/basic-income/?referral-code=d8nehnu84s
Thanks in advance to you and anyone else who may use my referral code!