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Topic: [**OMG**] Welfare Coin [**stupid eye catching spam title CLICK ME! BEST TOPIC!*] - page 2. (Read 2726 times)

newbie
Activity: 31
Merit: 0
Brain hurts.   Lets apply the same logic to countries that we apply to people.  -  No country can have an excessively greater amount of wealth (assets, cash, property, etc)  then others.

Yes that would be a good start. Let's just stop exploiting the third world and shitting on them but share some of our wealth.

What's countries anyway, we're all humans on a little planet. But we divide it up into small sections to then say that the guys in the one section can't share their stuff with the guys in the other section. Because of what again?

People tend to get very irritated by these ideas as i said, might even cause brainache.


So, ready to ship out your computer and a fair share of your material possessions to other countries where they are not as abundant?

already did.
sr. member
Activity: 686
Merit: 251
Brain hurts.   Lets apply the same logic to countries that we apply to people.  -  No country can have an excessively greater amount of wealth (assets, cash, property, etc)  then others.

So, ready to ship out your computer and a fair share of your material possessions to other countries where they are not as abundant?
legendary
Activity: 1358
Merit: 1000
yes great idea. i was thinking about something similar. it should be possible somehow to come up with a technology that ensures that everybody has just one wallet or bank account or whatever.

in another thread i proposed the idea of an upper limit on how much a single person can own. people will shout at you for mentioning something like that but it would indeed be fair. There is no sense in one person owning 50 billion USD (Bill Gates).

Also there should be demurrage so that hoarding does not pay off. interest just guarantees that the gap between rich and poor gets bigger and bigger. quite stupid.

that's why dodge coin was made

newbie
Activity: 31
Merit: 0
yes great idea. i was thinking about something similar. it should be possible somehow to come up with a technology that ensures that everybody has just one wallet or bank account or whatever.

in another thread i proposed the idea of an upper limit on how much a single person can own. people will shout at you for mentioning something like that but it would indeed be fair. There is no sense in one person owning 50 billion USD (Bill Gates).

Also there should be demurrage so that hoarding does not pay off. interest just guarantees that the gap between rich and poor gets bigger and bigger. quite stupid.
legendary
Activity: 1358
Merit: 1000
newbie
Activity: 7
Merit: 0
A major problem of civilization is the large wealth gap between the rich and poor. Since bitcoin has been called "programmable money", it seems this problem can be solved, simply by having the program calculate the overall wealth average, then slide everyone toward the average by a certain percent. I don't mean make everyone absolutely equal because then there'd be no incentive for anyone to work or innovate, just slid toward the average by a certain percentage over time (what percent would work best would have to be experimented with). I just mean society can be thought of as in same ship all being raised by the tide of overall total wealth together. So if a widget (like a computer) comes along that drastically alters society, everyone benefits, rather than just Bill Gates, etc.

Don't get me wrong; I am in the voluntaryist/libertarian camp, and know the argument Alex Jones makes against welfare of it being an attack on the middle class by the mega rich who are exempt from tax. And tax is a violation of the non aggression principle because people are forced into it. However welfare coin (or bitcoin reprogrammed as described above, moving everyone toward the wealth average) would be voluntary. Nobody would be forced to use it. What do you think?

Someone else said it could be exploited because people would make tons of extra wallets to catch all the welfare payments. So the technical problem seems to be limiting 1 wallet per 1 person (or even multple wallets per 1 person, but record which wallet belongs to who). It seems this technical problem could be solved with a fingerprint or similar somehow?
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