I was pondering on how to use BitCoin to implement Universal Income principles, the main issue being a matter of the executives taking the necessary decisions to accept BitCoin and other payment gateways, that may contrast with the views of formal regulators, this is what I gather so far.
I feel that it is unfair that the digital economy is frowned upon by the regulator, rather than flexibility being used to change the eco-system, amongst which social policies, thus the government is leaving the world to the elite in this manner
So how exactly do you think bitcoin can enable universal income across the globe? Are you talking about mandating a certain amount of coins to everyone? So someone who was an adopter 5 years ago may have to give up some coins to some someone is finding interest today now that bitcoin has soared in price?
I don't think the "regulator frowning" has a negative impact on bitcoin, it probably helps it actually because it keeps the mainstream wealthy out of the picture, which enables those outside the wealthy demographic to get in early and often.
BItcoin itself enables a new wealth building tool that most wealthy would deny simply because Wall Street doesn't endorse it.
