Can Cryptography Solve the Basic Income Challenge?
There has been much talk lately about Basic Income within the Pirate Party, which aims to empower individuals such as providing Basic Income which naturally fits the idea. However, it’s traditionally also been a movement that aims to stop government overreach into people’s personal lives, and as such, Basic Income could empower the government more than what may be desired. But what about if there’s another alternative to provide Basic Income, voluntary Basic Income so that only people who want to participate have to? With a little help from the Bitcoin blockchain ledger. Arguments targeting tax increases and deficits of government are generally based on the assumption that projects such as hospitals, roads, schools, etc. are more important to improve national economies. On the contrary, these government funding projects are coercively inadequate with all sorts of unpleasant consequences including widespread poverty. It appears the reasons why people are sceptical towards a U