Crypto as UBI

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Written by
4 years ago

In this post, i'd like to think about and possibly brainstorm with you the possibility of Crypto platforms like Voice, Publish0x, Uptrennd, Steemit, Brave etc be the Universal Basic Income (UBI) schemes that we will never get from the government which we so desperately as a society need? 

Part of the main struggle that the Crypto markets has had is that Crypto is inherently a very socialistic idea in a deeply capitalistic world and I personally believe that this could be one of the reasons why crypto is struggling to go mainstream like a lot of people have hoped it would. So my question to you is that with platforms like the ones I mentioned above either already paying people to use their products or paying small amounts for minimal effort to participate or are going to pay people in the future in tokens for using their social products, will crypto eventually be the UBI scheme that we so desperately need but will never officially get from the goverment? 

Let me know your thoughts! 

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While It's easy to think of these as UBI because people get value for doing the things they normally do for free, but by using the service you are fairly earning that value by contributing.

I was a bit confused to read crypto is socialistic in a capitalistic world. I'd like to hear your reasoning further because I think crypto is very capitalistic (where everyone has a right to the fruits of their labor and a right to build that capital they earned) in a socialistic world (where the government has the ultimate right to your earnings to disperse it as they see fit)

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4 years ago