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Grantcoin: Currency for Basic Income or utopia?

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enjoypolo
(@enjoypolo)
Posts: 1354
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I stopped purchasing Bitcoins since the beginning of the year. It became too volatile and too cumbersome to buy, especially here in Canada with the financial system changing ever so fast (and resisting customer demands).

This morning however, I discovered an interesting alternative currency called Grantcoin which seems to be founded on the values of universal basic income.
By distributing the currency in small increments to the general population, they seem to be establishing a form of basic income at the currency level, which is pretty exciting on paper.

What do you all think? I say it's time for a Universal Basic Income around the world. I've been advocating this for some time now and though it's taking steam, most people, if you ask them on the streets, still don't know about basic income most of the time. When everyone would really benefit it.
The other question I often ask myself is, even from the so-called reptilian elite mindset, wouldn't a UBI be favourable for world total domination, since you now control the availability of money of all your population? Of course, the argument can be made that with so much freedom to everyone, it will free people from their enslavement which will be the Elite's Demise. But still. Another interesting fact is that Sam Altman, the Sillicon Valley entrepreneur and big supporter of BI recently attended the Bilderbergers. I have to say I was a bit confused but it definitely reinforces the point I am making.

Peace.

For more info, read below.

http://www.basicincome.org/news/2016/07/grantcoin-foundation-distributes-first-digital-currency-basic-income-grants/?pk_campaign=feed&pk_kwd=grantcoin-foundation-distributes-first-digital-currency-basic-income-grants

 
Posted : July 10, 2016 4:03 PM
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