[morgante]

I don't want to be too negative, but this seems very meaningless.

I've just given you 5000 morgante points for your comment. I'll give you 5 more tomorrow! Nobody accepts morgante points for anything so it's inherently meaningless.

A basic income program is only interesting if it's actually giving out something of value. Your first step should be to assign value to a new currency, not to start handing it out.

I don't see a plausible path to value for your currency. Fiat currencies derive their value from government. Cryptocurrencies derive it from math. Yours is derived from your "word" that you won't just give yourself half the currency if you feel like it.

Not to mention that you don't seem to have any mechanism in place to ensure 1 person:1 account.

[6d6b73]

"I don't want to be too negative, but this seems very meaningless."

It is meanigless but it wouldnt be hard to add some value to these "coins". For example, I can offer that one hour of my time as automation consultant is from today worth 100swifts. All you need is enough people to trust the system and it becomes real currency. after all money is just a way to allow people to trade their time or products without having to barter.

[morgante]

Sure, but it's a catch-22. If nobody trusts the currency, nobody will offer significant value for it. If nobody offers value for it, then nobody will ever trust it.

If I can buy an hour of your time for this, awesome. Make that offer. I'll take you up on it. Prepare to give me all your working time.

[6d6b73]

It does not mean that the price wont change soon;). Or that only limitrd amount of my time will be available for that price. also since you can only get 100swifts per day you can only get one hour of my work per day. of you need something done sooner you wineed to either invite more users to get paid for referral thus increasing number of users, or you will need to buy swifts on the market somewhere. that means you build value of swifts with your fiat currency. I might actually go for this;)

[morgante]

I just (trivially) opened two accounts. I didn't even have to use a proxy.

Since I have 800 coins now, where should I contact you to cash on on my day of free consulting? I've got some fun projects for you to work on.

> It does not mean that the price wont change soon;).

That's the problem though (that I'm trying to illustrate). All I'm doing is trusting that you'll want to continue to offer this trade, there's no guarantee of that. As it is, I wouldn't even pay $1 for 100 coins, even though your time is almost certainly worth more than that.

[6d6b73]

Obviously currently swifts are not worth anything so you will not be able to hire me using this "currency",but I dont see why this currency with few changes could not have a real value.