As cryptocurrencies grow more popular and more people look at resources like this Bitcoin Up Test while looking for reliable software to help them trade, more opportunities to change the financial world as we know it. As they mature, they may offer a method for providing a basic income to citizens across the globe, argues Alyssa Hertig in an article in Vice. Advocates like Greg Slepak, founder of Group Currency, believe that basic income has not yet been adopted on a large scale due, in part, to “government incompetence” in safe and efficient delivery of the funds. Bitcoin and other cryptocurrencies can potentially avoid this problem and with more and more people choosing to find out more about Bitcoin Era Ervaringen, it could a great way to tackle financial problems.
Bitcoin, like other cryptocurrencies, can be programmed to automatically pay out a basic income to members. It also provides a secure ledger, accessible to all members, for the delivery of funds. This allows a basic income to be implemented among consenting individuals without the passage of legislation. However, before implementing the same, it is important to understand how to buy bitcoin and use it. Resources for the same could be found on the web, which could be used to gather information about it.
That said, Hertig describes two new platforms, UCoin and Ethereum, that might to be used to allow a basic income to be distributed through a system like Group Currency. Other technological advances may simplify the process of implementing a basic income even further.
Alyssa Hertig, “How Bitcoin Could Make Distributing a Universal Basic Income Actually Possible“, Vice, August 12, 2015.
Great article! It’s funny, I actually just learned about a similar cyptocurrency to Bitcoin that is doing just that called Grantcoin. :
http://www.grantcoin.org/2016/10/03/grantcoin-foundation-distributes-basic-income-grants-to-over-750-people-in-69-countries/