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Comment by EGreg

9 years ago

Sam: I like this idea. It's pretty much what everyone says when they mean "Basic Income" on a national level. A safety net and no cap on wealth. The question is about governance -- who will decide how much of a "dividend" to pay. The Alaska Permanent Fund already does this.

However, doing it at a national level requires a lot of changes, including implementing a national ID (social security numbers already do this but they have no password) and then you are in danger of being tracked by this id and so on, like China does.

However, why do it at the level of a nation? Why not communities small and large, local and virtual? That is what my company's been building since 2011. Well, not necessarily American Equity but a platform that any Community can run, to have its own social network, currency, and so on.

Take a look at these two links:

https://qbix.com/communities

https://intercoin.org