Universal Basic Income

Cryptocurrency Solutions

Implementing UBI via cryptocurrency would allow for a fair, decentralized and non-violent solution to creating value and dispersing value.

Duniter

Duniter is a platform for creating custom cryptocurrencies for communities on a geographic or ideological basis. One of the unique features provided by duniter based cryptocurrencies is Universal Dividends and Web of Trust.

Universal Dividends are an automated mining feature where everyone who is included in the Web of Trust gets the same amount of newly generated cryptocurrency. Dividends are configurable in terms of their specific dividend amount and the rate at which they are disbursed.

Web of Trust limits who gets dividends to only community members. Membership is re-evaluated at configurable intervals by other members. Each community and individual members of the community approve each other as members. You have to either bring some value to other members, have familial relationship or simply be able to convince others to approve you.

The "value" of the currency is tied to the overall productivity of a community and their trade with other communities. The more people buy/sell in a currency the more valuable the currency becomes and increases the inherent value of each dividend.

Whether someone is actively producing tangible products or services and collecting direct payments for those products and services or contributing in immeasurable ways such as marketing for the community or products and services of the community: there is a financial incentive for everyone involved to be positive and productive.

Human interactions are infinitely complicated and duniter makes it possible to merge this complicated web of human interactions with a monetary system producing something that is flexible, accountable and fair.