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Who would your preferred Dem be for the new nominee?
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this post was submitted on 22 Jul 2024
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Kind of. Not in the way you think. His not at all advocating that people should be buying Bitcoin for investment, and Monero to replace cash transactions.
His ideas are around using it as an alternative form of currency that can be given to people for charitable volunteer work. A way for the government to reward people for being good neighbors and helping their community.
That doesn't really make sense to use multiple currencies like that
It depends on the details of how the program is implemented.
Every hour you spend helping someone load a moving van, cut their grass, represent them in traffic court for free, you get 1 Sameritoken (my word). You can pay for things with it, the seller can then exchange the ST for $. The government can change the value of ST whenever it likes. During the holidays they might be worth 2x. Or the local government might give you an extra Sameritoken if you help at the local food-bank or whatever.
It's more flexible than regular cash. And doesn't cost anything for individual people you may help. So even if they have nothing to actually pay you with, they can always give you Sameritokens.