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🎼Sing Us a Song, You're the Piano Man🎚

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Digital Currency and Universal Basic Income: Current Approaches and Models As discussions around Universal Basic Income (UBI) continue to evolve, digital currencies have emerged as a potential delivery mechanism for basic income programs. Two notable projects— GoodDollar and SocialGood —represent different philosophical approaches to implementing UBI through blockchain technology, each with distinct models that reflect broader debates about how basic income should function. The Daily Claim Model: GoodDollar's Per Diem Approach GoodDollar operates on what could be described as a (daily) per diem system. Users can claim a small amount of G$ tokens each day through their platform, creating a consistent but modest income stream. This approach mirrors traditional per diem concepts—regular, small payments designed to cover basic daily expenses rather than comprehensive monthly stipends. The daily claim structure offers several practical advantages. It creates habit for...