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RE: The idea of "auto-capping" where anyone who gets above one standard deviation (bell curve distribution) stops getting basic income

in #res-currency6 years ago

It's a "bell curve" that, in every single swarm redistribution pulse (millions of those, happen every transaction), sets a cap to the reward from the pulse (basic income) based on how much a person has received so far (monthly, probably), anyone above average will get exponentially less, up to "some people" who get nothing. It's a dynamic cap, that adapts and adjusts itself based on trends like tax-rates, how densely connected the transaction-web is in different clusters.

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