Ask HN: Basic income and digital currencies ?

https://news.ycombinator.com/item?id=7323312
by sunseb • 12 years ago
3 1 12 years ago

Bitcoin is a scarcity-based currency, it's kind of a deflationary spiral, people save and don't spend their bitcoins...

So, why not a digital currency implementing this trending idea of a basic income for all ? For example, registered users could receive a monthly income they could spend on the network.

http://en.wikipedia.org/wiki/Basic_income

I don't know if it's a bad idea (I guess so), but I just wanted to share/ask.

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