land ownership, land taxes and citizens' dividend proposals by Thomas Paine and Thomas Spence.
Design/methodology/approach
Paine wrote “Agrarian justice” in which he argued that every proprietor of cultivated land owes to the society a ground‐rent for the land which the person holds because it is common property. This ground rent would take the form of a tax per year of 10 per cent on inheritances.
so simply now projects bypass physical land ownership with crypto inflation as you all have created a way to move some value and money.
So the citizens dividend wasn't specific to "some" but all as every landowner owed a ground rent to society.
in crypto every network participant means if you hold a wallet or an account that inflation goes back into your wallet.
so if you say i'm going to get the dividend anyway then i'm incentivized to join and participate right?
on hive if i write a great article it's not guaranteed despite my efforts and abilities i will receive anything.. i could call it incentive more directly if i knew i'd get something for the effort but it's no guarantee. it's also probably not likely many will want to invest directly into hive in that way it's probably a limited amount of people who are going to do that.
so i'm guessing people would prefer inflation and debt based on the right to control that currency even if the market values it less but as the network grows i'd assume the value would grow as well.
Posted Using LeoFinance Beta