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RE: 💸Universal Basic Income 💸

in #cryptocurrency7 years ago

I have to admit I don't fully understand the concept of a UBI by blockchain system and how it would eliminate government corruption from the process. I have been saying to those who will listen for many years that a crisis is coming as the requirement for human labor diminishes. However, government has a horrible history of corruption and terrible outcomes. The difference between government and corporations is the government's authorization to use force. Corporations still require cooperative engagement with customers.

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Corporations still require cooperative engagement with customers

untrue, destruction by corporation is real and often more silent. Corporations are in bed with governments

In those cases it is the government part of the alliance that has the authority to use force. Without the government partner the corporation cannot "legally" use force to coerce its customers.

I can agree with that but think corporations, just like banks are ruling the game. the gov is more like a legal puppet :)