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#Bitcoin: faster & cheaper than government-controlled banking


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left, banking: fees for a transnational transaction of 200$ // transaction takes between 2-5 days right, bitcoin: [missing: average calculated transaction fee of 0,016%] // transaction takes about 10 minutes (geographically independent)

German abstract:

Bitcoin ist das erste virtuelle #Peer-to-Peer Währungssystem, das einen fälschungssicheren Austausch von digitalen Münzen über das #Internet ermöglicht. Die dezentrale Struktur des Währungssystem erlaubt es hohe Gebühren für den Zahlungstransfer zu umgehen, die von Banken, Kreditkarteninstituten und Clearinghäusern verlangt werden. So liegt laut Erhebung der Strategieberatung LSP Digital die Transaktionsgebühr einer Bitcoin-Überweisung durchschnittlich bei 0,016 Prozent. Dagegen sind es bei einer transnationalen Überweisung von 200 US-Dollar aus den USA rund sechs Prozent. Neben Bitcoin gibt es 750 weitere Kryptowährungen, wobei Bitcoin als Pionier den Markt mit einem Anteil von 80 Prozent dominiert. Die einzige Bedingung um Teil des Bitcoin-Netzwerkes zu werden, ist ein funktionierender Internetzugang.
https://de.statista.com/infografik/5516/ueberweisungen-banken-versus-bitcoin/

#bitcoin #currency #money #ancap #anarchocapitalism #FreeMarket #MoneyMarket #anarchism #crypto #cryptocurrency #cryptoanarchism #libertarianism

Technologically enhanced basic income as a solution to technological unemployment

Introduction
Current economic theory simply does not consider the possibility that robot labor might replace human labor as the primary source of economic growth. Only the science fiction community has taken this idea seriously. (Albus, Path to a better world: A plan for prosperity, opportunity, and economic justice, 2011).

The youth unemployment rate in European countries has been estimated to be as high as 62% (Thompson, 2013) and if the current trend continues the birthrate will always out pace the job creation rate it can be expected that youth unemployment will continue to rise to higher levels. The generation of youth today face an opportunity crisis caused in part by the high cost of education, the debt load, and technological unemployment.

The problem we wish to solve is technologically enhanced unemployment which works around the current paradigm of convincing human beings to attempt to compete with robots, machines, and intelligent machines in the workplace for employment. The new paradigm as part of the solution we are presenting is a world where the incorruptible intelligent machines take care of the human being rather than compete against.

The solution categories are political and technological

There are generally two categories from which solutions to high unemployment are formed and chosen. The political category and the technological category. Each category of solution has it’s pros and cons and we do not wish to diminish any alternative solution which has a measurably positive impact on solving the problem. What we are promoting is a technological safety-net to supplement or in other words provide axillary power to the traditional political safety-net. If the one fails then there is technologically based resiliency and redundancy.

Read more – http://darkai.org/?p=1

#BasicIncome #cryptocurrency #technology #decentralization

Technologically enhanced basic income as a solution to technological unemployment | DarkAI Blog

This proposal is presented for peer review purposes. Please shoot it down if you think it sucks, improve on it if you can, and I'll credit you as a
Link to source
Chris McAllister 4 years ago from Diaspora
Replace bitcoin by uCoin, a decentralized network of open and Universal Basic Income crypto-currencies



#uCoin #music #evolution #blockChain #Science #cryptoCurrency #economy

uCoin project

Link to source
"~_° 4 years ago from Diaspora
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