@icedquinn
It would be paired with something like in #Germany, a #maximumRentalIncome for example. Nothing too outrageous.
The point of UBI is to simplify things, 100 billion dollars are wasted in Australia's bureaucracy surrounding compliance and whatnot, UBI fixes this.
@jeffcliff
Yes, but #interestRate hikes will not mean much if the #moneyPump is still pumping 'up the wahzoo'. Also they need to be seen relative to where they need to be.
We have and are seeing a dodgy #financialProducts and schemes being bandied around all over.
A #maximumRentalIncome fixed to the 10% above the #socialSecuriy payment or a UBI would likely help seperate wheat from chaff.
We'll need to keep an eye on a number of things in the melting pot.
@lightweight
What would you say about a law that restricts the number of IP Addresses that a single entity can own/control to 1M (IPv4) and 32M (IPv6)?
We think its important to start at the communications level with some of these issues.
For example most businesses in Australia are effectively Amazon, CloudFlare and Akamai, and we think this #oligopoly is turning people intp data, creating problems, #culturally and across #society.
Also how about a #UBI, and/or #MaximumRentalIncome
HOW CAN BITCOIN HELP
It helps by:
a) not stealing from savers, when govts print money its actually an attack on people who choose not to spend (see #warOnSavers),
b) reducing #overconsumption and waste because it would costs real money,
c) making war #cost — as to some bankers it "just costs lives because we print the money",
d) making #landTax and #maximumRentalIncome possible as they are easiest to enforce,
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@tychi
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They will claim they need to see every line of code for "#security". Only because, so many have adopted such fragile systems that they cannot handle an #indieGame no matter how simple.
We think there should be a way to enjoy #electronica without appeasing a small group dotcons.
This is partly why we advocate #FOSS, a #UBI, #maximumRentalIncome and more.
Struggle is real.
CORPO: Tell us you're a #developer without telling us you'hĵre a developer.
BIRDSITE USER: I pay off #politicians on both sides, so no matter who wins, I enjoy favourable #landRezoning for #highRise apartments that cause long- #illness especially in children.
#developers #overdevevelopnent #rentSeeking #land #maximumRentalIncome
What would happen if govt set a #maximumRentalIncome of $850 per fortnight — total (ie. for all properties a person might own).
Whether as part of a trust or not, you cannot make more than $850 per fortnight on rents.
We based the number on a the unemplyment income + 12.5% (approx).
What would happen?
How would we as a society shift our priorities?
@stunder
Someone recently suggested a #maximumRentalIncome, like they have in Germany.
A brilliant idea, and would definately restrain the absolutely insane housing speculation!
Though we'd still have the damned moneyPump — but maybe for not too much longer.
@anubis2814
A #maximumRentalIncome is a grand idea, cheers. And cheers to #Germany we might add.
Bitcoin is fine, due to its relatively small market cap relative to the total money's out there, its still a '#shallowPoolOfVolatility'. Its also under attack from grifters. Expect fluctuations to ease as more ppl become savvy.
Its not a "currency" though, its money. A #LayerTwoCurrency pairs with bitcoin for daily (and private) transactions.
We never complained about bitcoin energy use.
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