Viewing profile — nealbozeman

Well said, and fun example with Chiemgauer. Critical mass/tipping point is the issue, so what is the target audience in the beginning? Ping me if you want some Metrics. Neal@metric…

Points heard - I've been down this road, too. Contracts & debt can be specified in any currency, including a private one, even if taxes have to be marked to a national currency at …

Agreed. I don't mention anything about inflation proof. Rather, it should be clarified as a reference to monetary inflation. Inflation happens for many reasons, and even monetary i…

Agreed! Ping me Neal@metricdc.org if you want some cash. If you're looking at any other ideas in the space, would love to hear about them.

Thanks for the nice comment! Ping me neal@metricdc.org and I'll leave you some Metrics :) . Anyone else interested, can ping me, too. I'll leave you a "cash" pickup that you take u…

The taxing is continuous. There is no strategy to wait to pay out.

Central Banks don't require a nation-state. They can be private. Cryptos and tokens, generally, are decentralized and couldn't be controlled by a central bank. I'm using a private …

https://metricdc.org

Yep, this is why it has to be centralized. The Central Bank has to verify identities. You can have accounts that are unverified, or business accounts that are not individuals. They…

It's a private CBDC, so a private CBDC couldn't collect on property tax. Anyway, I'm considering only dead-simple ways to fund the UBI, which means tapping in to all money across t…

Thanks, it's okay that the comment order shifts around. It's intended, so the most interesting aspects rise up.

A successful private currency would be one which was your preferred currency to make a transaction with in the grocery store, over and above euros, dollars, and pesos. Despite the …

A tax is needed to raise the money for the UBI, and to keep the value and money supply stable. Income tax is unnecessary if you say money that's sitting doing nothing will be taxed…

For the stable money supply, let's cap it at X-money per person. We want a money supply that grows to accommodate new users of the currency in order to prevent deflation, and a sup…

For the defuckifier, I chose a UBI, or you can call it a "negative income tax," or a perpetual redistribution. Something devoid of moralistic choice - it's just something everyone …

I'm an autodidact, a cynical lover of economics and finance, a software engineer by trade, and a perpetual nomad of 15 years. My CBDC has two features; 1) an automatic economic-def…

Same as any other crypto that starts off, you can't buy gold. No one will trade. You can use it to trade labor and dig up gold.

I would love to browse the web with different personas. I want to see what Bill Gates' search results look like, compared to someone else.

Interesting point how bitcoin is only anonymous up to a point. Thinking about privacy instead is maybe a good angle.

Really throws out decentralization if you have to verify identity.

Love Mike Judge and his writing. I'd call it, slapstick with nuance. But currently, I'm not finding myself craving the next weeks' new episodes like before. Anyone else feeling lik…

It's hard in this case not to argue that he owns 33% of the 1.5mm company that the three have built until today. Diluting him out to effectively zero would be cause for criminal ch…

Investors will not see his 10% ownership as a red flag any more than they will see a non participating investor owning 25% of the business as a red flag. In this case, he/she deliv…