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Showing posts with the label RobertMcKinnon

💻 Yes, I Found My Computer Love ❤️

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Building a Parallel Welfare System: The Digital UBI Revolution What if we could create a welfare system that actually works for the people who need it most? Not through government bureaucracy or political promises, but through the decentralized power of digital currency networks and community organizing . The pieces are already there, waiting to be assembled into something transformative. The Foundation : Micro-UBI Through Digital Assets and Self-Selecting Anyone who's ever spare-changed or witnessed digital panhandling understands the fundamental math: ten cents collected ten times equals a dollar . This simple principle can scale into a revolutionary parallel welfare system using cryptocurrency claims . Instead of waiting for politicians to debate UBI , we can build it ourselves. Picture this : a network where individuals can claim small digital currency amounts—perhaps daily or weekly—that accumulate into meaningful support. These aren't traditional...

Don't Need Nothin' But a Good Time🪇

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Small-Scale Digital Currency Networks: A Practical Alternative While much of the discussion around digital currencies focuses on massive adoption or revolutionary financial systems, there's a simpler approach that's been largely overlooked . Small groups with shared interests could create their own localized digital currency ecosystems, similar to how discount buying clubs and cooperative networks have operated for decades. Robert McKinnon's economic theories about optimal currency areas suggest that currencies work best when used by groups with similar economic conditions and mobility. Applied to digital currencies, this means a neighborhood, hobby group, or professional community might benefit more from using something like Doge among themselves than waiting for widespread Bitcoin adoption. Consider a group of 50-100 people who regularly buy and sell used electronics, car parts, or handmade items. If they agree to use a specific digital currency for trans...