Re:A world of free movement would be $78T richer
by gremlinsinc on Monday June 25, 2018 @02:33AM
(#17390340)
I'd be for a universal gbi -- if it's built on blockchain, w/ tax system builtin via transaction fee, perhaps it's tied to an identity coin, and each identity has a 'score' on how unique that person 'appears' to the algorithm, and using a combination of biometrics (like iris scan), and social graph. The more 'unique' or seemlingly unique/trusted the person is as an individual the less transaction fee they pay per transaction.
Something like this could then be adopted as a global currency and have gbi paid out to all members monthly. Perhaps we could create a not-for-profit corp that creates small businesses where 100% of left over income goes back to consumers who use the store (think grocery) and workers who work in the store as a bonus.
With current political and budget system, I don't see any path to this ever happening. Maybe in theory that could be a better solution (I don't know, it would need thorough analysis) but I don't see how it could happen in reality.
> You could then fund a guaranteed basic income (for citizens only),
Again, same argument applies. If GBU is a benefit for society, there's no reason to gate it on citizenship - we'd be just limiting the benefit on irrelevant metric, it's like demanding to lower your own salary if your boss' last name begins with certain letter - it'd be irrational. If, however, it is not beneficial to society but is a wealth transfer which benefits one group while hurting another, because the former has more political clout - one should argue this should never be done at all, citizen or not.