Why Nostr? What is Njump?
2024-03-28 19:14:03
in reply to

LpLiberto on Nostr: How would that municipal government fund the mining infrastructure if not by coercive ...

How would that municipal government fund the mining infrastructure if not by coercive taxation? That, of course, sets the precedent for further coercion for the common good. It’s right where we’re at.

Also let’s assume Municipality A somehow manages to introduce a UBI whereas Municipality B does not. Let’s also assume some generous people in Municipality A donate bitcoin to redistribute as UBI. What if people from Municipality B move to A? Suddenly those generous donors either have to give more to fund everyone’s UBI, or equal UBI is no longer possible, or lower for everyone.

I just don’t see it possible or sustainable based on voluntary donations, and coercive extraction brings us back where we are now.
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