source for wealth distributed?

okTurtles Forums Group Currency source for wealth distributed?

This topic contains 2 replies, has 2 voices, and was last updated by  lzys 3 years, 3 months ago.

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  • #708

    hi

    what is the source for wealth distributed?
    Is it depends on services/products given by same community members? If so, it creates “GDP” for each group.
    Could it be an hurdle for “unconditionally basic income?”
    maybe it creates a central bank (for each group by the group members).
    thanks. -open for discussion

    #903

    greg
    Keymaster

    what is the source for wealth distributed?
    Is it depends on services/products given by same community members?

    Yes, the value for the basic income comes from the group's activities, and this can include:

    – Goods the group creates.
    – Services the group offers.
    – Even outside investment into the group (which can be accomplished through purchase of the group's tokens).

    See these links for concrete examples:

    http://groupcurrency.org/#Examples
    http://groupcurrency.org/#FAQ (first FAQ item on “AcademicCoin”).

    Could it be an hurdle for “unconditionally basic income?”

    I'm not sure I understand what you mean by “hurdle”. All basic income systems require that there be enough value behind a group for the basic income to exist.

    maybe it creates a central bank (for each group by the group members).

    This too is not clear to me; not sure I understand what a central bank has to do with anything.

    #904

    When group decides basic income amount they become their own central bank. Setting goal and making priorities. Thanks!

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