[scotty79]

Ah, right. Good luck!

CB in CBDC means central bank ... I thought it was a theoretical excercise from the point of view of a state actor.

I don't think it can be done privately.

To distribute value as UBI you must first acquire value and digital currencies have only one way of acquiring value, by drawing in greedy capitalists with ponzi-like promises of huge gains coming from widespread adoption by whatever suckers they can find.

So booting up your currency would be a problem because initially it would have zero value.

I wonder what could be other ways of transferring value into a new currency apart from promises of meteoric rise of the price.

Other idea is what tether did. Getting value into their currency by promising price stability. Then the other qualities of crypto like ease if transaction and direct untaxability drew the value to it as long as the promise holds.