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Basic Income - A Novel Blockchain Solution on Hive?

*This post is inspired by a recent query from @theplunge to the Hive community about some members of the ecosystem downvoting supporters of @steembasicincome.* If there is anything to be learned from COVID-19, it's that we need a more resilient financial ecosystem that accurately recognizes the value of essential workers. While recently seen as an impossible pipe-dream, given the onset of the COVID pandemic, Universal Basic Income is gaining recognition in most political forums. What was once only fiction is now likely going to become a reality.

Enter Hive, @holger80, @josephsavage, and @steembasicincome

I don't know of any other technology or social platform, other than Hive, that has as any semblance of a working model for a Basic Income. None. This ecosystem is the only active control environment for any type of perpetual Basic Income program - with over 4,000 active users. With some refining, I think @steembasicincome, and Hive, could be a potential test bed of a larger Basic Income program. As a former strategist in the financial services sector, I believe that the blockchain, and specifically Hive, has a unique opportunity to address Basic Income solutions. That might sound far fetched, but (within the United States) the regulatory environment of the banking industry - and the split priorities between commercial banks and The Fed - has made it so that it has been impossible to move forward on the fundamental infrastructure (read: [real-time payments and open banking](https://podcasts.google.com/?feed=aHR0cHM6Ly9tYWNyb211c2luZ3MubGlic3luLmNvbS9yc3M&episode=NGRlODI1ZGNiOGM4NDc2MThiNGZhYzJiMTBlNDNjOGU)) that would be required to enable a *sustainable* basic income - which is possible.

So I ask you, what are your thoughts on the SBI program, and a Basic Income in general?

**All thoughtful responses will receive a 10 HIVE SBI sponsorship.** Select responses will be eligible for one of **5 x 100 HIVE** @steembasicincome sponsorships. I sincerely thank you for participating! ![Line.png](https://files.peakd.com/file/peakd-hive/circa/LINqDbsa-Line.png)

Basic Income in the Media

The World Economic Forum

![image.png](https://files.peakd.com/file/peakd-hive/circa/WqXwgOuX-image.png) [World Economic Forum | UBI is the Answer to Inequalities](https://www.weforum.org/agenda/2020/04/covid-19-universal-basic-income-social-inequality/)

The Pope

![image.png](https://files.peakd.com/file/peakd-hive/circa/vbgk47Gp-image.png) [The Hill | The Pope Supports UBI](https://thehill.com/policy/international/europe/492428-pope-advocates-for-universal-basic-income-in-easter-letter)