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RE: Crypto Basic Income (CBI): Why STEEM And Manna Are Leading The Way

in #steem7 years ago

I agree UBI is an inevitability and a crypto solution would be best.

Even though I think a crypto basic income would be best, I think at this point in time it isn’t possible to discount it being implemented by the government (unfortunately).

The reason I say this is that the government has ways of verifying identity in order to prevent duplicate accounts so people don’t cheat the system. I have heard of people trying to solve this problem cryptographically, but as far as I know there hasn’t been a simple system created so far to prevent such abuse.

Hopefully something will be discovered sooner than later!