Topic: Idea for a coin to make the world a better place (Read 1290 times)

I had a few thoughts about the thing in time But first of all I dont like the idea that any State can give out there own proof to the Peoples in it. Couse there are states out there wich I dont think would give real Data or would you want to let a state like North Korea to have the right to say how much money they get to there Peoples from the global System. I think that would make trouble. So the authority has to be a real neutral thing. Best would be an automated System. Something like a fingerprint that is used for authentication, and if a new fingerprint is detected its getting added automaticaly. But something that is not exploitable. To find something there needs a bit more abstract thinking I think. But in the end it will possible not work without an authority. Maybe there is a way to decentralise the authority but this is a realy hard task too.

But the last But Big Things mostly needs to handle big Problems first.

This won't work, because cheater could create a fake name, and some people might have 2 address.
It is a enormous task to check for POUH.

By the way I should add to my description, that the private key is not created by the state, otherwise you would have security problem with the transfer of it (as postal or whatever) and the authority could keep a copy.
So the citizen would instead send his public key, and the state would add a special flag to it in the network, saying it's a citizen address. (this way you don't have to send anything). Of course this flag could be removed in case of thief or death.

Maybe I have an idea how to fix that passes problem. With an autority that handles this, this authority can give out a kind of own passport.
Nothing big its just for the Coin things. The Users then would send theyr Name+State+Adress and receive there personal hash on the Postal way. The problem is that postal thing costs a bit, but it cant be the world. The Problem is to have that you need an Database to check if an user is registering twice. And this Database have to be realy safe. Does anybody here now a way to crypt any field in a safety that a check for double is possible but not a direkt read out? i have to read a bit more about that.

Stupid, if you don't do something, no return. Understand?
If you want tax, just make a mining pool or an exchange. The tax is just the fee.

Think more generally, when people mine the coins, the tax is already paid as the electricity cost.

Just don't want something as granted, if you need the cash/reward/tax, please do something.

What you are proposing is called "Basic income" (http://en.wikipedia.org/wiki/Basic_income).
It's a nice idea and I had the same to implement in a crypto-currency.

But indeed the problem to solve is how to implement the Proof Of Unique Human (POUH), so that you can send the money to that account.
There is no simple solution that would not involve the state collaboration.
If you have the state collaboration, then you could just issue a citizen coin address with every ID paper.
That way you have a one to one relation between citizens and those special address.

So in the crypto-currency you will have normal address like today that can be created at will,
and citizen address that the authority can create with a special master key.
Before someone scream "state control", the only power the state would have, is to say if someone is citizen or not, the rest is automatically handled by the crypto network.

About anonymity : of course the citizen address will be not anonymous.
But once you receive your money, you can send it to normal address and then make it anonymous by using some system like zerocoin.

Personally I don't think systems are the problem.. It's people that are the problem..

No matter what system you build, people will corrupt it or work around it for their own ends...

the crash of the money system we know is only a question of time. couse of the higher and higher interests on interests. We would need to have growing of the economy that is as high as the growing of the interests of banks to prefent that. but thats impossible, couse economy growing needs physical place on earth and we dont have unlimited of it. the interests grow unlimited. anytime the economic growing isnt as high as the interests growing a bigger part of the economic earning is taken by the interests. Mathematicaly in about 45 years the interests are that high, that even if we would have had the economic growing taken to the maximum possible there would be a higher amount of interests then economic earnings. or to say it in a more clear way there is more money to be paid to not get bankrupt for anyone then is available.

And to explain why money for everyone is so importand to have a fair world. economic is helpt out more and more by technology, robots and so on. A faculty wich needed 5000 workers 20 years ago, can only have 3-4 today and the rest amount of work is done by robots. the faculty dont earn less money couse of that, it earns more couse robots are cheaper then workers. and these robotic workers take place in more work places. so the needed amount of workers becomes less and less. lets stay at the faculty example. to give all these 500 peoples a work in facultys that only needs 5 peoples and produce same amount. we would need to buld 1000 facultis and have the amount of product multiplied by 1000. that would mean that any product has to have a price amount of 1/1000 of the original price to be possible to be sold. and that makes the facultis not profitable anymore. so to give the faculties a profit there must be peoples without work. If the 5000 peoples now fight for one of these 5 jobs, couse they need it fo buy food and so on. The faculty can give out earning rates and working conditions that are real bad, the peoples have to accept to get food. But if all these peoples have a solid ground earning that pays food and so on. The faculty has to get higher earning rates and better work conditions to to 5 persons couse otherwise they dont have workers. the next point is instead of these 5 full time workers with lets say 9 work hours a day, there can be 15 workers with 3 hours a day too or 45 with 1 hour days or 315 with 1 hour per week. for the faculty the result in the end is nearly the same. doesnt it sound nice to you when all the 5000 profite from the technology instead of only the faculty owner. and have more free time couse of the robots. more time for family, for thinks they like to do (for example playing with the kids, or making musics or arts) That brings the humanity to a much higher cultural level then peoples that work and sleep like robots and allways fear to loose the job. the only ones that realy loose on that are the peoples wich today where born extremly rich and just life from the interests from birth on. couse they dont have the privileg to have more then all the others without doing something anymore.

This explains things a lot better, but what I can't see now, is why you would need to give everybody (in your example) 1000 dollars. This just encourages people to do nothing and to just live off that per month, decreasing the workforce and production.
Also why would you need a new currency to implement this, as all you would need is a change to the monetary system, to follow these guidelines, and for everyone to agree to this system, and not cause complete anarchy.

I do now see your point, and it is quite interesting as you would have a set amount of monetary units available, with the incentive for people to spend their earnings, and if they wish invest in something which would hold that value.
This would keep the money supply flowing, ('To pass the buck could be its tag line'  ) and decreasing the need for inflation. Hmmm very interesting but near impossible to implement......without the current system crashing and burning completely first  !!

Kiliz lets make an example in dollar just couse coins values are realy abstract as long as there is no coint.
lets say everybody gets 1000 dollars a month. Then you as a worker get these 1000 and the money from work lets just say 2000 from work. then you have 3000 a month if you go and just let it wait until the year is over you still have 2400 from that. but if you work with that coins and spend them for anything you want you have more. and if you realy just wanna hold that value you can buy gold or whatever with it. so the money flows in the system is given and you have your money in gold ready to make money again when you need it. or you can put it into an investment and earn with it. but what you better not do is just let it be out of the system couse that is  what brings deflation  to a system. and deflation normaly end with higher deflation in the normal market that brings productions to produce less couse less peoples buy things. that brings more workless peoples. and so on and so on and in the end you have not enough products for the peoples couse noone buys and the system crashs.

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Oh I think you have to reread
1.st there is a part that goes to the miners
2.nd if you just hold your coins and dont want to spent them then the decrease makes your amount smaler until you are back to the point where you get the same coins + that you get decreased.
There are 3 ways to get more from the curency
1st is mining and get extra coins that way
2nd is getting them from other users
3rd spend coins to fall under the limit where you get more + then decrease

the limit is not planed to be that high and there will be peoples in it with more coins and peoples that have only the  limit line coins but the peoples wich want to have more have to do something for it permanently, and not just do somthing and let them be coins for years. In the moment you stop doing something for having more, you start to get more and more to the limit over the time.
The exact values for decrease and everything else have to be discussed to find the right ones the values in the example where just 1st thoughts about the highs not final values like nearly anything in that idea. Thats why it is an Idea discusion thread not a promotion of a finished coin.

And trust me or not It will not be a communist curency, couse that system dont work. Peoples need to have the possibility to earn to have more then others, but peoples also need a secure base to be free in decision if they want to earn more or not.



thanks for adding in your news.






But the most importand question for me is still open, what possibility is there to get a auth for 1 natural person 1 getting account, about a way to implement that in a as anonym as possible way we can think after we have found something that works. So feel free to bring in any Idea on that.
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Ok so the workers work hard for a better living, so jobless and lazy lowlifes can receive an unlimited income for doing absolutely nothing, and your savings for retirement are dwindled away.

Sounds very familiar, sorry not interested

The bottom part I don't understand

Oh I think you have to reread
1.st there is a part that goes to the miners
2.nd if you just hold your coins and dont want to spent them then the decrease makes your amount smaler until you are back to the point where you get the same coins + that you get decreased.
There are 3 ways to get more from the curency
1st is mining and get extra coins that way
2nd is getting them from other users
3rd spend coins to fall under the limit where you get more + then decrease

the limit is not planed to be that high and there will be peoples in it with more coins and peoples that have only the  limit line coins but the peoples wich want to have more have to do something for it permanently, and not just do somthing and let them be coins for years. In the moment you stop doing something for having more, you start to get more and more to the limit over the time.

The exact values for decrease and everything else have to be discussed to find the right ones the values in the example where just 1st thoughts about the highs not final values like nearly anything in that idea. Thats why it is an Idea discusion thread not a promotion of a finished coin.

And trust me or not It will not be a communist curency, couse that system dont work. Peoples need to have the possibility to earn to have more then others, but peoples also need a secure base to be free in decision if they want to earn more or not.



thanks for adding in your news.






But the most importand question for me is still open, what possibility is there to get a auth for 1 natural person 1 getting account, about a way to implement that in a as anonym as possible way we can think after we have found something that works. So feel free to bring in any Idea on that.

http://www.cryptocoinsnews.com/2013/08/26/idea-for-a-coin-to-make-the-world-a-better-place-voice/

Ok don't think that I am trolling you because I am not.

What you are basically saying is, you want to create a communist currency, where everyone gets the same share, whether they are rich or poor.

Sorry, but who is going to mine it if say X has 1Gh of mining power, and Y has 1Mh but they both get the same share.

Will all the coins be premined, and handed out accordingly?

If everyone has the same share, then no-one will want to spend any as they will be poorer than the person they gave them to. This will only end up with there being Rich people who were more carefull with their coins, and poor people who weren't.
These people will go on to have families in which their children will be born into, Rich families and Poor families, and there you have it, back at square one.

See what I am saying?

Thanks for the statement there is much truth in it, the point that is not taxed is the money itself. That is a problem couse I want the System work for the masses, I think every person should have the same right to make work for a better life or even not. So i dont like the concept of born rich stay rich, born poor stay poor. What is also not taxable with coins is speculations with coins. Thats same we have today.

Couse of more and more technologie killing working places and the difference beetween born in a rich land or poor land, a system needs something like a money for everyone thats why i need a way for an authentication to have 1 account per person to get that money.

But dont worry I dont want everybody to have the same amount all the time, that cant work. Everybody must be able to become more if he works more. But just couse a grand grand Father worked more, no everybody has to work for his own status. I dont want peoples to stay rich over generations couse they are rich one time. Equal chances for everybody.

I know the most peoples think if you pay free money to anyone noone want to work, but the point is most peoples dont want to stay at home all day. They want to make something, some produce Musik, others Arts, others like Programming, the next ones like to work on cars. with free money to everyone  noone has to have a bad paid work that makes him ill. Everyone can decide if he wants to make what he is good in or if he dont find something in that buisnes something where he can say hey I earn enough so i like to do. That is realy good for the cultural healthy and has the effekt that the peoples in more poor countries get the same standart the peoples in rich countries have.


sound nice but the problem there is what kind of charity to choose.


Ok and a small update about  an interresting chat talk about that:
1. Clients can mine automaticaly in a small way so the 51% problem is not that big.
2. all coins paid out instantly and a fixed amount of coins for every new athented account comes to the pool.
not to that account directly, it will be added to the decreased coins and this value goes for a big part to the masses.
So the System has more coins in it with more users.
3. an % transaktion fee brings the spekulation tax to the users.
most users make + with that, only the big fishs give parts of there winnings to the masses that way.

at the moment the idea is like that 20-40% degree per year and about 2% transaction fee.
Payout like that: the to the masses part has to give monthly the rate of the initial added ammount. Then a part goes to a foundation this foundation in the start is for helping the coin growing, and then after it reached a good size, for making votes for giving away coins. no ok of the masses no coints paid. (thats where charity projekts could get something from, or open source research, thinks that help the humanity) and then a small part to the miners as a king of thank you from the masses. There are enough coins for mining buisness, noone needs a new one for that.

As anyone can see that idea is not for making money, with that degree the money on nearly all accounts is on an even level if noone does anything from the beginning to the moment the coin is tradeable. its just a little social help for the world. just something I can do to try to make the world a bit better.( I know i am crazy sometimes  )

1% of each coin mined gets sold and donated to a charity automatically

There is one big point that is being missed here.

Money isn't taxed! It is the goods, services, wages of the workers etc, that are taxed.

Even if lets say a cryptocurrency is adopted in the future to replace a nations fiat currency. It will, and can be taxed in some way.

You will go to work to earn this currency and be taxed.
You will buy things in the store and be taxed.
You will still pay tax on fuel, cigarettes, alcohol.
This won't change.

These currencies only give back power to the people over their own wealth.

Governments may fall, banks may end up being, well...bankrupt, and the nation where you live may well be overthrown by anarchy for a while, if it isn't already. But eventually you will be taxed someday, somehow by somebody.



Edit: P.S. We already have what you are proposing, its called 'the current fiat monetary system', what are you? A banker? A President? A King? A Queen? Are you realising you may be about to fall off the ladder? You can't beat us, so come join us  

a name change and change of block rate does not solve any problem. I dont want a concept for a money making coin. I want discuss ideas.


Thats right. But Energy is more and more possible to get in home devices in future. So that Tax is going then.
The big Problem I see with taxing the miners is, the real big miners are in China where energy and building new Systems is cheapest. So for the USA and Europe no Tax

Ok, let's name it BETTERCoin.
30 sec per block.

We pay taxes on the electricity we use and on the computer parts that we buy so in a way it is already taxated..

You can still find a way to tax miners or I don't know, every transactions.
Governments control the internet, it's not because it is decentralized that they can't do shit about it