Basic Income - A Novel Blockchain Solution on Hive?
This post is inspired by a recent query from @theplunge to the Hive community about some members of the ecosystem downvoting supporters of @steembasicincome.
If there is anything to be learned from COVID-19, it's that we need a more resilient financial ecosystem that accurately recognizes the value of essential workers. While recently seen as an impossible pipe-dream, given the onset of the COVID pandemic, Universal Basic Income is gaining recognition in most political forums. What was once only fiction is now likely going to become a reality.
I don't know of any other technology or social platform, other than Hive, that has as any semblance of a working model for a Basic Income. None. This ecosystem is the only active control environment for any type of perpetual Basic Income program - with over 4,000 active users. With some refining, I think @steembasicincome, and Hive, could be a potential test bed of a larger Basic Income program.
As a former strategist in the financial services sector, I believe that the blockchain, and specifically Hive, has a unique opportunity to address Basic Income solutions. That might sound far fetched, but (within the United States) the regulatory environment of the banking industry - and the split priorities between commercial banks and The Fed - has made it so that it has been impossible to move forward on the fundamental infrastructure (read: real-time payments and open banking) that would be required to enable a sustainable basic income - which is possible.
So I ask you, what are your thoughts on the SBI program, and a Basic Income in general?
All thoughtful responses will receive a 10 HIVE SBI sponsorship. Select responses will be eligible for one of 5 x 100 HIVE@steembasicincome sponsorships. I sincerely thank you for participating!
