Guaranteed minimum income

Guaranteed minimum income (GMI), also called minimum income, is a system[1] of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions. Eligibility is typically determined by citizenship, a means test, and either availability for the labour market or a willingness to perform community services. The primary goal of a guaranteed minimum income is to reduce poverty. [...]

Is there evidence to support the case for UBI?

Experiments with unconditional cash benefits around the world have proven to be one of the most successful ways of reducing poverty. The fear that cash recipients would waste their money on drugs or alcohol, stop working, or have more kids have been disproven by the World Bank. Many of these behaviors were actually reduced. Since 1998, [...]

What are the benefits of Universal Basic Income?

Universal Basic Income would transform society in many positive ways and evidence shows this. Trials have led to all kinds of benefits—some expected, some surprising. Here are just a few of them: UBI encourages people to find work. Many current welfare programs take away benefits when recipients find work, sometimes leaving them financially worse [...]

Waves Sets Record for Maximum Transactions Per Day

We are very excited to announce that our platform has processed more transactions in 24 hours than any other open blockchain in existence.On Sunday 21 October the Waves network processed a remarkable 6.1 million transactions on MainNet.Statistics from show a total of 108,741 transactions, including 60,933 MassTransfers — a special kind of Waves transaction that can hold 100 [...]

The “accounting view” of money: money as equity

Coins circulating as legal tender in national jurisdictions worldwide are treated as debt liabilities of the issuing states and reported as a component of public debt under national accounting statistics (ESA 2010). Similarly, banknotes issued by central banks and central bank reserves are accounted for as central bank debt to their holders.Although the law says [...]

Is the blockchain immutability a human right ?

Once we leave our money, identities, organizations and justice, ruled by the blockchain, may we have the right to claim its “immutability” during time?In the eighteenth century many great philosophers argued about human rights. Apart from Jean Jacques Rousseau that greatly influenced the French Revolution, the German philosopher... continue

By |April 26th, 2019|Article, US|0 Comments
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