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...
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.
1. Main Topics:
- Preventing "civil attacks" (multiple identity fraud) in basic income systems
- Requirement for identified members receiving basic income
- Importance of transparency and accountability (blockchain technology)
- Group funds and member voting rights
- The necessity of "value" in a basic income system
2. Key Quotes:
- "The civil attack... is you create multiple identities. And thereby you can take advantage of similar resource."
- "For a basic income to work you have to be able to distribute it to identified members."
- "It must provide identified members with a basic income."
3. People Mentioned:
- Chris Peele
- Martin
- Steve Walgmann
- Greg Slotback
- Travis Eureg
- "Civil" (referring to the concept of the attack, not a person)
- Slepak
- Uhrig
4. Bitcoin Price: Not mentioned.