I have gone over this and would like to present the concept. I have two ideas. One is related to wealth distribution, and another is related to what some people can do if they have little to no money... I have been interested in wealth distribution for some time. The united states is looking at ways to foster a Universal Basic Income (UBI) for the coming generations that may happen within the next five years. Another thing is the country's going digital. I expect a paperless currency within the same time frame. One of the advantages of this from my perspective is that it allows people to move money in a much more rapid manner. I am focusing on ways to make the poor acquire some money. I find that a way to do this is to have people pay to the poor class at the time of purchase. We could set up a service that people could use to pay to people who have low economic income, say 5% or 20% when they buy everyday things. In this way people could adjust their pay with a 'bar' that goes from 1% to 100% and that pays an equal or randomly distributed dividend to everyone on the service, as a first approximation. So if somebody buys a gallon of milk for $4.00 and they have their 'bar' set at 5%, then 20 cents gets taken out to be additionally paid as an equal dividend to everyone on the service. This could also be targeted to people of a low income bracket. And they could turn it off at any time. We would make it really easy to turn on and off for people. This is the 'save the world' app that I am thinking of, and I think it could work with cryptocurrency and in a distributed way, so that there is no one central place to store the money. As I said, as a first approximation you can pay equally, but you can also, I assume, use machine learning methods to find out who most needs the money among it's members. I really like this idea, and I believe it can all be made with today's technology. I think PayPal could use this idea in their One Touch wallet app and is relevant to the PayPal Giving Fund. It's the best way to integrate the technology and I really like the idea of a 'computational wallet'. I'm sure there are a lot of other projects that integrate into this idea quite nicely. the advent of cryptocurrency is only a decade old and we do not need to see ourselves in the position of managing cryptocurrency for something like that to actually be done in the near future. Another idea I've been having is this: What is there were a way for people to get a discount off the price of something if they don't have the exact change, but just a little less? In this way they could 'Bargain' with their cryptocurrency. The idea is people only get to bargain in an 'emergency' situation. Here's an example: if someone goes to buy a gallon of milk for $4.00 and for the milk there is a smart contract that states that 'if customer has less than $4.00 and that is the only money left in their bank account, then they would bargain with them up to 20%' Then, if the customer only has $3.80 in their bank account, they could get a 5% discount and get the milk. This idea works for both parties because to the retailer they can get a purchase where they would otherwise not have gotten one, and for the buyer it works out because for one, they get a discount, and two, they get the milk. Like I said I think this could work with smart contracts. The only way I can think of is if the seller makes this contract ahead of time. It works out real well and I think it suits the issue. What if they really needed to get the milk? Plus advertisers could sell their product with the bargain right in the offer. This could support so many people and help out the commerce.
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