El Salvador, leading the way, again?
- Recently an article caught my eye, which described a plan by the President of El Salvador to place a Bitcoin miner in each home in El Salvador.
- It occurred to me that this would be a wonderful way to provide Universal basic Income!
Basic human income, also known as universal basic income (UBI), is a proposal for the government to regularly pay every citizen a set amount of money. The goal of UBI is to reduce poverty and help people meet their basic needs.
Source
But is the idea of a Bitcoin Miner in every home plausible and practicle?
- This plan seemed very interesting, and it warrants further exploration and research.
- We know that many homes have a TV, a stove, a refridgerator and many have a personal computer.
- So in my mind, it is not an impossibility to have a Bitcoin Miner in your home, producing Bitcoin.
Hmmmm....
- I think that some might say: "That's a complicated piece of machinery, to complicated for the average home..."
- But I think that fails to compare how complicated a Personal Computer is, and we already have them in our homes.
- The first Personal Computer I saw was a Internation Business Machines Personal Computer, called the IBM PC. It required 2-3 weeks of instruction, just to learn enough how to use it to search the web and perform basic functions like email, and word processing.
- These were complicated machines, which the average person had a hard time using.
- Yet these have evolved into plug and play machines that are in millions of homes around the world.
- A business identified the need for an easy to use personal computer and made them consumer friendly. I belive we are already seeing such an evolution with Bitcoin miners, as they are more and more Plug and Play machines.
What does plug and play (PnP) mean in technology?
PnP refers to the ability of a computer or device to automatically recognize and configure compatible hardware components without requiring manual intervention or additional software installation.
- Yes we have Bitcoin miners which are literally Plug and Play: You plug them in, and input your WiFi password, and the machine does the rest, and soon your miniing Bitcoin.
The impossible has become commonplace.
- The future, once a dream, is now reality
This phrase means that a scenario or technology that was previously considered only possible in imagination or "a dream" has now come to exist in the real world, signifying a significant advancement or achievement.
Self-driving cars:
"The idea of cars driving themselves was once a futuristic dream, but now with advanced technology, it's becoming a reality on our roads."
- I am reminded that things which once seemed impossible, lare now commonplace.
- The world has gone from the horse drawn carriage to self driving cars in a hundred years.
- Technological advancement is the rule, not the exception.
- So to those who laugh at Bukele, and say this can't be done, be prepared to eat your words.
- The power of the human spirit and human ingenuity can not be underestimated.
- The future, once a dream, is now reality
@shortsegments
#Thankyou #for #reading #my #post
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