I'm particularly interested in payment streams that happen in the present tense. Imagine being on the clock and instead of having to wait 2 weeks to get a paycheck there is a stream of money flowing into your wallet in real time.
That kind of user/employee experience could really set crypto apart from the legacy economy. I've legit heard people bragging about being able to access their check a few hours earlier than their coworkers.
This also eliminates the problem of people spending all their money before the next check comes in. When you're getting paid every 3 seconds instead of every 2 weeks there isn't a huge amount to splurge all at once.
Posted Using LeoFinance Beta
That's another thing to consider when you finally create your token.
Constant stream of income, doubles in value at a consistent rate.
Let's go!
Posted Using LeoFinance Beta
Ah but what jobs would I be offering, and how would I confirm that people were actually doing their job?
Something to think about.
Personally I'd rather pay people by contract rather than by the hour/minute.
But perhaps there is a scenario where money-for-time makes sense.
Don't worry though I'll probably just gift you an airdrop as a freebie :D
The jobs would be completely altruistic of course. And you would confirm people are doing their job the way we do everything else around here ... self governance.
People could be paid for:
_ Picking up trash near your home
-Donating books to local schools
The thing about these jobs is that they create a cycle of wealth in the community. Who doesn't want to get paid for going to the library or visiting their grandma?
An interesting concept to say the least. Here you appear to be combining physical world with digital. I am not sure how it would work out but with the infrastructure and a token, no reason the payment intervals you mention could not be done.
Imagine getting the money as soon as another hour work is completely. So you get paid 8-10 times per day based upon that length shift.
It would be interesting.
Posted Using LeoFinance Beta