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RE: Economic Emancipation Proclamation!

in #money7 years ago

This is so true.

For me, the ultimate goal of our species right now is that we will not need to work to get our Primary Needs (sustenance, shelter) fulfilled in the near future.

There'l still be work, but it'll be to "upgrade" your shelter, eat more luxurious food, etc...

And as automation improves, the "base" versions of these things that everyone has access to improves too.

OF course... we'll have to contend with the people who believe ALL the profits are theirs by virtue of either hard work in the past and/or inheriting money, even if those profits are suddenly derived entirely from computers and AI with no actual physical costs.

There's going to be SO many ways these things can play out...

In any case, LOVED the Steemit Tree analogy and logo !

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The idea of UBI (Universal Basic Income) can be a good thing if the current system of fractional reserve banking and private central banking is done away with. If we try to put new wine into old wine skins the skin will break and the new wine will be ruined. However, if we create a new system, one that is based on crypto, one that is decentralized and peer to peer, then the new wine will be just fine in the new wine skins. I agree, this can play out in so many different ways. Hopefully, we can come together as a community to help steer it in the right direction. First, we need to educate one another on how money works and how Distributed Ledger Technology works and how they can be melded together. Thanks for your thoughts.

True. I've signed up for Grantcoin to see if they can manage it, but given they're nearly 2 months late in their UBI distribution (which is just 1-2$ worth anyway) I think they're kind of falling into the abyss XS

No problemo. I exist to learn, and to share what I learn :) (at least... that's the ultimate goal... I haven't finished brain-washing myself to the point where Learning and improving my skills is one of the ultimate joys in my life XD)

It's too bad about Grantcoin... I've got 7600 of them, so if they could get to 1$ worth, that'd be GREAT XP