Hacker News Reader

Comment by westurner | Hacker News Reader

Setting aside concerns about observed outcomes from various basic income experiments; https://hn.algolia.com/?q=basic+income ,

So they're like expiring options contracts?

Which existing distributed ledger technology DLT are sufficient to host expiring options contracts for basic income?

If there was a CBDC (Central Bank Digital Currency), how would basic income and/or old age and disability social welfare (US: SNAP benefits, SSOADI) be distributed?

View on HN

ご質問大変ありがとうございます。これから出社のため日本語にて失礼します。私はあなたの質問に対して充分な答えを持ち合わせておりません。これからも勉強を重ねてたくさんの方々の知恵をお借りしていつかあなたの質問に答えを出せるように努力いたします。どうも申し訳ございません。そして関心を持っていただけたことに深く感謝いたします。

No worries. Here's this:

Public link: UBI Options on Interledger, W3C VC: https://share.gemini.google/3R53k83Dxfw2 ;

> Review the Interledger spec, then develop time-limited options contracts for basic income on Interledger. Consider WebMonetization for how to implement Interledger. https://interledger.org/developers/rfcs/interledger-protocol...

> [...] A UBI Fund would mint the "Streaming Zero-Strike Call Option" options contract by [...]

And then KYC and AML and grant accountability, so how to allow-list according to a merchant category etc but be Zero Trust without DNS?

Reply on news.ycombinator.com