RE: Cryptocurrency 2.0: The Tokens Are The Basic Income: STEEM Is Going To Be A Big Part Of That
I don't know if you realize this or not but there is a difference between "unlabored/unearned/basic income" and simply "labored (earned) income".
I think many blockchain cryptocurrency platforms like Steem allow for "earned incomes" from contributing. Technically, users have always generated these "earned incomes" on Facebook, MySpace, Twitter, YouTube, etc. through their contributions, but were never paid their earned incomes.
Take Facebook for example, people always labored/worked for incomes on Facebook, but Facebook Inc. never pays its users the incomes they rightfully earn. Instead of Facebook paying its working users their earning they steal it and call it "profits".
On the other hand "basic" or unlabored/unearned incomes pay people earning they in fact never earn, instead "basic" unlabored/unearned incomes steal the earning from other labors and give it to those who do not labor, this is called theft. No one has the right to commit theft on any ground. If a man/women does not work, a man/women does not eat. I know any moral person can agree on the fact that theft (taking "x amount" without giving "x amount") is forever ill-moral. If someone wants a "minimum income" (basic income) then they must do "minimum labor/work" and earn it!
THERE IS NO FREE LUNCH! EVER! This is generally speaking, you probably agree, but I just want to clarify. Great post, I'm a big fan of your content @taskmaster4450 keep the great work coming buddy.
None of that applies in the crypt world.
And what do you call receiving a token for allowing someone to use your medical records....or record where you are driving....or what you watch...or token you receive for listening to the radio.....
Are those unearned or earned. Is watching an advertisement earned or is that being lazy watching TV.
This is where the basis for the entire I am for/I am against UBI breaks down. When you enter crypto, nobody is taking from someone else.
Of course, the "this is theft" crowd will have a different view when they along with 25% of the workforce is replaced by robots. I witnessed this in 2006-2008 with the housing collapse. Many who work in construction who I know had the same mindset. Of course they were justifying not paying taxes since most worked until the table. Anyway, the market totally imploded, construction stopped on a dime...almost everyone I know in that field was either laid off or drastically reduced. Since they were mostly under the table guys, they had to bite the bullet....man they were wishing they qualified for aid.
Another interesting aspect of this is the owners of companies that I new, due to over extension, lost their homes in many instances.
Of course, we know the banksters were at the core of all this. If you want to talk about theft, perhaps it is best to focus upon that realm instead of arguing over tax money.
Thanks for your comment @markhalen...I appreciate it.
I definitely agree with you on that part. To keep it simple, if you spend you time and energy doing something I say you earned it. (work = energy / time) so if you are spending your energy over time watching an ad or "selling" your medical records that you've generated, then you've earned the profits up to its worth. I think that is the beauty of crypto and blockchain like you mentioned in your post. Up until now people were not paid for all the things they "unknowingly sold", but big companies would and profited billions i.e. Facebook, insurance companies, media conglomerates etc.
Take for example: "allowing someone to use your medical records....or record where you are driving....or what you watch...or token you receive for listening to the radio..... or even watching an advertisement." You can share in the profits for almost every aspect where you spend your time/every; that is just beautiful.
Of course, we know the banksters were at the core of all this. If you want to talk about theft, perhaps it is best to focus upon that realm instead of arguing over tax money. One of the best statements I have heard on this platform.