Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Are there reasons why the idea of a Guaranteed Minimum Income could not be implemented using a peer-to-peer system? Would middlemen be strictly necessary?


How do you mean?


I don't really know (yet?), but it seems to me that what you need is a network of nodes, such that each node automatically downloads a common amount of money from a pool once a month. That pool would be filled by the system subtracting a percentage from the gross income of each node. Is it really necessary that those calculations are done by a central unit - like the IRS -, or could they be done in a distributed manner, SETI@home-style?




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: