Universal Basic Income is not a technical problem but a political decision. This new coin does not solve social or economical inequality. Its just a new comtetitor in the field of cryptoscam.
this post was submitted on 24 Jul 2023
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Technology
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Very much so.
If this coin's math and mechanics actually work in transferring wealth from rich to poor ... it'll be swamped in poor people wanting their cut, and rich people will want nothing to do with a shitcoin that's explicitly going to take their money and give it to other people.
They're not even launching in the USA because the SEC might kick their shit in. This is basically an overcomplicated scheme to harvest biometric data from impoverished foreigners. There's already been fraudulent signups from people trying to exploit the world's poor. It's dumb AF.
New surveillance capitalism just dropped.
I guess this is the endgame for tracking every user in the world but they added "universal basic income" in the title so that its not so obvious what they are up to?
Only the nerds in Silicon Valley could come up with a technical solution to such massive problems as income inequality. How can supposedly intelligent people spend more than 1 second thinking that makes any sense?
What's next, are we going to make an app to answer vexing questions like "why does evil exist"?!
It’s 2023 and these tech bozos are still pushing crypto… lol
It's web 3!!!!!! /s
"The Orb"
How the fuck do they come up with stuff like this and then say they're the good guys? The Orb? What's next, The Spire?
I'm partial to Defectcoin, if only for claw-based shenanigans.
Renknowned con artist announces newest con. Wow I never saw this coming.
When the guy who made the AI hype wants us back in the crypto hype...
We are the children