@scottsantens posted on Medium a few weeks ago about a very interesting way of bringing about a partial basic income. https://medium.com/basic-income/this-idea-can-literally-change-our-world-107cbc94057a
We are all citizen-owners of the air that we breath and the global climate. Since carbon emission harms everyone, carbon emitting behaviors are taxed and then the tax is paid out to everyone. In effect, it normalizes the air we breathe as a property right.
If this seems confusing to you, definitely read the article, because @scottsantens explains it much better. I believe that incentives are extremely important in the way they impact behavior (you can see that in the design of Steem Basic Income). Putting negative incentives on carbon emission is a good way to put a stop to excessive consumption of fossil fuels, and distributing the tax revenue as a basic income is a great way to prevent that revenue from creating other distortions in the economy.
We will return to the normal schedule of @steembasicincome updates in our next post, but we plan to keep sharing resources about basic income alongside our program updates.
Steem Creators Conference
We are pleased to have been invited to speak at the Steem Creators Conference in Las Vegas next month. Learn all about it at https://www.steemcreators.com/ Mark your calendars and book your tickets, this is going to be an awesome event! (Look for our name on the registration page to get a $25 discount on your tickets.)
Questions?
We broke down the mechanics for how the program works in the complete overview. You can check your share counts and upvoting weight in our spreadsheet explained here. If you have any questions, ask away in the comments section or join us in our discord channel.
