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RE: Universal Basic Unit - A South African blockchain project for universal benefit?

in #crypto6 years ago

Thank you for this, @quillfire and to @blockurator for taking the time to read and comment. As I was writing and subsequently ruminating on what I was seeing on the website after my kneejerk "this-is-a-great-concept" reaction I started beginning to think that it was a glorified loyalty/coupon scheme. And the website had multiple portals and they don't all recognise the same credentials and the support - well - let's just say it's not very....

I will do a little more digging as a user and potential vendor tomorrow.

There are two things that worry me:

The premise of universal basic income in a country where virtual vendors that offer real value, I.e. more than data and a cup of coffee from a major brand, to folk who live in poverty, is not realistic. Laudable idea but illustrates the extent to which educated techies are completely out of touch with reality - where survival which includes women knowing that they are safe at home - including in many instances from men and family members.