@bluerocktalk, thanks for taking time for a quick peek :). We have our own blockchain for the past 3 years and are in talks on which platform to bring our project too. Would love to get your opinion on our mission to implement universal basic income on the blockchain?
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http://bytemaster.github.io/article/2015/01/26/The-basics-of-Basic-Income/
Thanks for sharing this, I agree a lot with what your son has detailed in this post. I do think basic income on the blockchain is feasible and the only means to be sustainable for many generations. I believe our project has mitigated his cons of taxes and inflation as well as the downward pressure. Really glad he and I assume yourself is in favor of the concept as a whole :)