Episode Details

This story was originally published on HackerNoon at: https://hackernoon.com/how-universal-basic-income-ubi-can-work-with-o-coina-water-price-stable-currency.
Universal Basic Income does not have to be financed by debt or taxes. With O Coin, the currency is new issuance, not borrowed from future taxpayers.
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Universal Basic Income does not have to be financed by debt or taxes. With O Coin, the currency is new issuance, not borrowed from future taxpayers; nobody “owns” the stock in advance like a national bond ledger; and stability is anchored to user-observed water prices and transparent rules—not to shifting confidence in politicians or central banks. At O International, we do not treat taxation as a durable fix for structural scarcity; we aim to create new wealth tied to basic needs so the same design can address problems across countries all at once and once for all. This article spells out what UBI means in our model, how amounts relate to water-priced basics, how birth-to-death accounts interact with age 18 access rules, what happens under hostile governments, how custody works when someone cannot manage a wallet, why nominal amounts can stay coherent over time, and how identity and mortality might be verified without blind trust in every government registry.