Shivarthians can implement Universal Basic Income (UBI)

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Shivarthians can implement Universal Basic Income (UBI)


This is how UBI can work:

1) You need to deposit the collected tax to the blockchain.

2) KYC is required for the citizens

3) Community validation of productive work done by citizen use Shelling Game

https://ipfs.kleros.io/ipfs/QmZeV32S2VoyUnqJsRRCh75F1fP2AeomVq2Ury2fTt9V4z/Dispute-Resolution-Kleros.pdf

Work can include gardening (growing flowers, fruits, or vegetables), learning, writing, anything that's value to society and oneself.

Comprehensive guidelines and type of work for which citizens will have access to ubi can be designed by shivarthian (https://shivarthu.reaudito.com/) using evidence and research data. 

No unemployment problem, no bullshit jobs.

What Is a Bullshit Job?

Here’s Graeber’s definition, which he constructs carefully over many pages: “a bullshit job is a form of paid employment that is so completely pointless, unnecessary, or pernicious that even the employee cannot justify its existence even though, as part of the conditions of employment, the employee feels obliged to pretend that this is not the case.”

Meaningful Work, Human Nature, and a Free Society


But there is a catch, it relies on taxes, and won't work in an unhealthy economy.

Take for example Covid-19 crisis. 

Countries without social security will hit the most in such crisis. Its also a positive feedback loop, as less transaction means less tax, and less tax means no money with govt to provide social security.

Here comes the tax coins, which states or countries can implement by law (prices are set by law, not by demand and supply). Tax coin also increases the velocity of money so, it will have a good impact on the economy.  

To know exactly what is tax coin, you have to go through the blog. 

Social distancing and its impact in Economy


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