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How WorldID/coin Anchors Humanity
Universal UBI assures instant adoption for WorldID.
When I was a youth banks would offer new customers a toaster if they opened an account. It was a cheesy approach that nonetheless became a universal expectation of new customers, and was widely adopted by banks back in the day when customer deposits mattered, and interest was an honest 6%.
OK I’m old, so let’s get back to the future.
A Free Wallet with Any Orb Registration
In my earlier piece I outlined a world currency ETH-A as Ethereum having an Attribute that essentially marked an invoice as tax-paid. Big deal - you might say, but per the Scandinavian VAT tax model, nice things happen when you pay your taxes. In my proposal, a 15% VAT tax on all transactions is composed of 10% to the tax authorities, and 5% back to the payer. The authorities are not burdened by debt payments, and individual taxpayers begin to receive modest pensions, beginning with 5% of their own purchases. Like cashing your empties, it won’t lift you from poverty, but that amount is credited monthly. And then the extravagances of the rich and balanced budgets begin to augment your monthly credits. Liquid democracy dissolves militarism as a waste of UBI, and things can change quickly when the poker pot builds before you. The rich end up funding infrastructure, of all things.
So let’s rebrand my ETH-A Layer-2 chimera as this newcomer - Worldcoin. It turns out that the progenitors of Worldcoin have this foreboding that the human species may be slow on the uptake - that recognition of WorldID (human & unique) may languish as a service, the outside funding of that promised UBI not be much evident, the default Worldcoin not yet at ETH levels.
This question can readily be resolved, by incorporating WorldID into de facto blockchain passports, which I outlined earlier. The Orb device essentially stamps each individual with a unique identity, an analysis via Orb’s iris scanning - itself discarded when done - no central database. Very similar to stamping a passport, it becomes the cornerstone of our human franchise. In doing so it is a crypto account registry/App that does the AI for us. It is something RFK Jr can meld into his own hand for reforming world currencies, using crypto.
This alliance of technologies like Worldcoin, Starlink, DNA Stewardship and the restoration of the United Nations are the discoverable foundations of our successive life cycles.
In summary - integration with VAT taxes means UBI exists and personal income taxes are abandoned, because 10% of ALL invoices will have to be enough for the tax authorities. Integration with Starlink then allows anyone’s birthplace to be her workplace, and Worldcoin to be every taxpayer’s stake in every budget decision.
Not many humans will sit out the game, if they will always share the pot. Soon AI lifts all human boats out of poverty, however gently, and the species can finally make some bonus money in the Paradise Planet Casino.