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Circles - Universal Basic Income on the Blockchain

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Martin K.
Circles - Universal Basic Income on the Blockchain

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Welcome to Berlin - Basic Income, the meetup group all about strategies to implement a universal basic income.

We will have our first meetup on Friday, December 18 at Werkstatt Berlin, Mülhauser Straße 6, 10405 Berlin.

In this meetup we will discuss different methods to implement a universal basic income outside of the usual political process. We believe that such a solution could work on its own as well as accelerate the progress toward a politically implemented basic income.

One solution space may be the use of recently developed blockchain technology. Blockchain technology allows social contracts like the basic income to be implemented on a large scale without the need for a central coordination force that nowadays only governments can provide. Money and currencies at their core are social contracts (http://www.lietaer.com/2010/09/what-is-money/). The basic income is a social contract as well. A new currency could combine both contracts. For the first time in history, blockchain technologies enable every group to create such contracts that through their architecture and inherent scalability can seriously compete with existing currencies.

This talk gives a good overview why blockchain technology could be a game changer for the basic income movement.

https://www.youtube.com/watch?v=MMCPTX806ns&feature=youtu.be&t=15m4s

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Berlin Basic Income - Bedingungsloses Grundeinkommen
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