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Slepak and Uhrig on Group Income and Group Currency (Sept. 20, 2015)

WCN · 2016-10-09 ·01:43:10 ·World Crypto Network
Greg Slepak and Travis Uhrig will present two blockchain-based methods that a group can use to provide members with a basic income. The first, Group Currency is a framework by which a group can provide members with a basic income through the creation of a new currency. Circles (presented by Mart...

Summary

Here's a summary of the WCN episode segment "Slepak and Uhrig on Group Income and Group Currency (Sept. 20, 2015)" based on the provided text:

Summary:

This segment of the WCN episode delves into the requirements for a functional "group income" system, specifically addressing the challenge of preventing "civil attacks"—where individuals create multiple identities to fraudulently claim basic income. The discussion highlights the need for identified members to receive basic income and emphasizes the importance of transparency and accountability, often achieved through blockchain technology. The segment also introduces the concept of group funds, managed through member voting rights, and explores the necessity of "value" for any basic income scheme to succeed.

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4. Bitcoin Price: Not mentioned.

#group income#group currency#basic income#ethereum#bitcoin

People mentioned

Chris PeeleSteve WalgmannGreg SlotbackTravis Eureg