| I want something similar but that has true validated id's, and separate person accounts and business accounts. Person accounts then would have taxation built in and UBI and mutual aid, and there'd be some algorithm that taxes and pays dividends based on how much you hodl and how much you utilize or transfer in a month, etc... essentially if your payment habits are that of a poor person you'd get more UBI if your spending habits are that of Elon Musk you'd pay taxes. There'd also be a cap on how much your account could hold to basically bar billionaires and oligarchs from controlling the system. Maybe something like x amount times the average users' monthly income(transactions received). Starting out it'd aim for like 500 million being a cap, and try to aim to keep some sort of stable price as well. Business accounts wouldn't have the caps because I mean a huge company like walmart has tons of money come in for payroll, etc.. and just there'd be no way to really handle that, and you want businesses to accept the currency as utilization is everything. I think possibly having a dedicated exchange built in as well that basically floods the market with new dollars if stability starts to fade. Say the price of a coin is $10 usd, it would autotax the top 50% of earners and redistribute that to the bottom 50%, or something similar or mint new currency and distribute from that -- essentially to encourage prices to remain stable. Now combine that w/ all the other features of something like urbit os, and I think you've got something. TLDR: Imagine if as a US citizen you were born with an id and a bank account tied to that id. It's the only bank account you can have, it's the only bank. Now imagine there's a cap to that account and every billionaire ceases to exist because they'd be taxed at 100% until they're max holdings are 500 million. You can't hide money, or get separate accounts, etc... There are no loopholes as it's all by smart contract. |