Sepp Hasslberger: Silicon Valley Testing Basic Income

Sepp Hasslberger

Sepp Hasslberger

Basic Income is getting more and more serious consideration. Can’t have a society where work is the passport to life and then there is no work to be found…

Why a bunch of Silicon Valley investors are suddenly interested in universal basic income

Basic income is having a moment. First Finland announced it would launch an ambitious experiment to see if it would work to give everyone in a given area is given a set amount of cash every year from the government, no strings attached. Now the Silicon Valley seed investment firm Y Combinator has announced it wants to fund a basic income experiment in the US.1

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Feb 4

Neil Peters: CrowdBucks Overview

Categories: Money
Neil Peters

Neil Peters

The idea behind our “social” currency concept is simple; the banks have had a very long-standing monopoly on creating and managing our money, and they have abused this unprecedented power in order to take everyone’s wealth — and give virtually nothing but grief and misery in return…  Thanks to new technologies we no longer need the banks to create our money, and so CrowdBucks was created to show people how they create their own value-backed currencies, plus we provide a flexible marketplace platform for people to conduct trade without using expensive bank-issued money, etc.

CrowdBucks Overview   .   About CrowdBucks   .   CrowdBucks Commerce   .   CrowdBucks Youtube is currently at a pre-launch stage and is actively seeking partners and investors.

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Jan 8

Ty Simpson: Linux Blockchain Consortium

Categories: Innovation,Money
Ty Simpson

Ty Simpson

Linux Foundation blockchain consortium: Digital Asset, IBM, Credits and London Stock Exchange on board

Blockchain consortia are becoming all the rage – the latest effort advances under the open source auspices of the Linux Foundation.

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Dec 19

Neal Rauhauser: What Is a Blockchain?

Neal Rauhauser

Neal Rauhauser

The blockchain is a cryptographically secured register. A long, long time ago we used to hook a line printer to important systems and they’d print a subset of their logging to it. An intruder taking over a box could erase the contents of /var/log, but that printout was immutable. The blockchain provides something similar, but it’s globally distributed, so *everyone* with access can write on it in an immutable fashion.

EXTRACT: Today an Argentinian freelancer who uses their banking system has to wait five days for an international transfer, lose 30% of his income to predatory fee structures, and run the very real risk that one of the parties involved in the clearing will simply misplace their money entirely. A Bitcoin based competitor can do this transaction at 1% of the cost in 0.1% of the time, make a profit while doing so, and there is nothing the government can do to stop it. 

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Dec 10