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> I like UBI schemes and I like novel cryptocurrencies but either I'm missing something big or this one is still at the stoned-dorm-room-conversation stage.

That's the question, isn't it?

I've been circling around this from a different angle. I think it requires a shift in how you think about it. This really isn't meant to be thought of like currency we currently have, requiring a majority-rule consensus social reality. This tracks closer to the personal relationships you have with other people.

So I'd start with using on tracking exchanges of favors among friends. Some people have tools or expertise they want to borrow, and this would formalize some of those exisiting exchanges.

Since I'm interested in strengthening local communities, I'm going to find a way to work with that.

Another is applied to open source projects -- start with a tipjar on the projects you use; offering bug bounties, for pull requests. etc.

I also think there is a danger in turning these interactions into transactions. Relationships are not only transactional; the most important relationships are transformational (that is, the participation in a relationship will involve a change in who you are). I'm not sure how to resolve that, yet.



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