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RE: Cryptocurrency 2.0: The Tokens Are The Basic Income: STEEM Is Going To Be A Big Part Of That
As you said, It's kind of obvious that unemployment will skyrocked due to automatization, and it's also obvious that existing social systems won't be enough to keep the angry masses at bay. We see the beginning in the worldwide rise of destructive iditiotism a.k.a. populism.
Until a few minutes ago, I didn't connect steem to that. ty a lot for your point of view, I have something to think on now!
P.S.: We'd rather be quick in transforming the world ;-)
There are many who would contest this point with you. I tend to agree, I do not see how it turns out any other way since the pace is so quick. Even if governments around the world got on the ball today about it, which they wont, and started retraining programs, I am not sure they would be able to get ahead of the curve. Plus, the major corporations have a vested interest in automating what they can....it enables them to get rid of labor.
Thanks for the comment @sco.
I see it the same way.
What I really like about the idea of this "tokenized" BI is, that - in opposite to a BI granted by states/governments - there would still be competition, which is the major driving force of human progress.
If you generate the better content& build the better network, you will still get more steem tokens than others. If you clean more beaches, watch more ads etc., the same applies.
Great points @sco.
Plus there is no entity that can turn around and say, sorry, we changed the rules which happens when government is involved. Elect a new party, they spent the first couple years simply reversing what the other party did. Back and forth we go with nothing getting done.
Also, government is the passe. Over the next decade, its power will diminish. The blockchain will also take a great many of the functions away from government. Like the banksters, the politicians will fight it...and lose.
The biggest part of "tokenized" BI (good term by the way) is that it is up to individuals to choose what they want. If you want to watch an ad, it is your choice. I might choose not to...that is mine. We will all choose where we put our attention....some like sports, others art, others science...whatever one's interest will be tokenized.
We just need to hurry up and get there lol.