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RE: The Wealth Distribution of Bitcoin Will Most Likely Follow the Distribution of the Real World
What about crypto making use cases for basic income more practical?
For example one of the major concerns about basic income is that people will spend money on irresponsible things, but with smart contract tied cryptos, basic income payments could be restricted to certain purchases (yes there is still some room for abuse, but it's one layer more difficult).
That is to say even if bitcoin or any given crypto will mirror the current structure (agree seems very likely), blockchain technology itself will allow overcoming some of the largest concerns voiced about wealth distribution
I think with crypto or not we will probably have to move toward Universal basic income. When you have a large percentage of the population out of work, they start to riot and destroy things. I think rich people regardless of who they are would rather pay more in taxes, live relatively the same way and not have to worry about having their property burned down.