The Human Standard UBI Token
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Based on all topics covered in the forums here,
I propose following concept and ask you to participate in a discussion about it below:Imagine a currency backed not by gold, oil, or the fleeting policies of governments, but by the one constant in this world—people.
The Human Standard UBI Token is a revolutionary concept: a universal currency rooted in the intrinsic value of humanity itself. It’s not tied to a nation’s GDP or speculative markets but to the simple, undeniable truth that every person deserves a fair share of the world’s prosperity.
What Makes This Different?
Unlike traditional monetary systems:
- It’s Universal: The Human Standard isn’t confined by borders or limited to elites. It’s designed for everyone—unconditionally.
- It’s Fair: Every person, regardless of their status or geography, receives equal access to this token. This is not charity; it’s recognition of inherent human worth.
- It’s Environmentally Friendly: The token promotes sustainability by exclusively supporting the trade of eco-friendly goods and services. Instead of promoting waste, it fosters innovation in reusing unsold inventory and countering planned obsolescence.
Why Does This Matter?
Today, more than 4 billion people, or 55% of all humans, live without basic social protections, according to the International Labour Organization ILO economic systems prioritize profit over people, leaving billions vulnerable to poverty and inequality. The Human Standard Token addresses these injustices by ensuring:
- A Safety Net for All: Universal Basic Income (UBI) empowers people to access essentials like food, healthcare, and education.
- A Cooperative Economy: Instead of disrupting existing systems, this token supports underutilized resources and unsold inventory. By unlocking value from what is already available, it strengthens communities and reduces waste.
Let’s build a world where wealth serves humanity, not the other way around.
What happens to dead people’s tokens?
Participants must verify their identity annually through government-issued IDs or a secure biometric system. Accounts of unverified individuals will be frozen, and their tokens reabsorbed into the system. This prevents misuse and ensures fair circulation.
How can you ensure legal compliance?
The Human Standard UBI Token is not a replacement for legal currencies but a complementary system. Legal questions, such as prohibiting stock trading or lending at interest, depend on local jurisdictions. These rules can be built into the token’s terms of use, ensuring compliance with regional laws.
Won’t people on minimum wage become lazy?
No. Initially, the token will be usable only for digital goods, such as tipping online content creators or purchasing digital art. This ensures recipients still need traditional income to cover daily living costs.
Over time, as the token’s scope expands to include environmentally sustainable products, it will still leave enough necessities requiring traditional money, motivating people to remain employed.How will adoption and distribution be funded?
Unclaimed tokens will be sold to cover operational costs.
Won’t this additional token-money create inflation?
No. The token economy is designed around goods and services that don’t disrupt the existing economy. The large portion of digital goods, which are consumed illegally, will merely be reclaimed into the legal system.
Equally, environmentally friendly products are often surplus or unsellable inventory that would otherwise be discarded or inaccessible.If despite those aspects inflationary effects should arise, governments can adjust them instantly at a push of a button, by reducing the maximum UBI distributed.
This project not only provides humans with additional financial resources but also encourages ethical behaviour by fostering a culture of legal purchasing and charitable donations.
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