FEDCOIN/UBHI Phased Distributed Rollout: Fedcoin Ecosystem Development and Planning by Jamil Brown
English | November 24, 2024 | ISBN: N/A | ASIN: B0DNYMR8YJ | 819 pages | EPUB | 1.67 Mb
English | November 24, 2024 | ISBN: N/A | ASIN: B0DNYMR8YJ | 819 pages | EPUB | 1.67 Mb
FEDCOIN/UBHI Phased Distributed Rollout
In a visionary economic revolution, Universal Basic High Income (UBHI) and the FEDCOIN Central Bank Digital Currency (CBDC) reshape the fabric of global wealth, labor, and governance. By transitioning everyday jobs to advanced humanoid robotics like Tesla’s Optimus and Boston Dynamics' creations, humans are freed from traditional work obligations, entitled to $10 million annually. This income is contingent on working only one month per year, with extended benefits for retirees and tailored allowances for youth, who are also guaranteed free, career-focused education.
FEDCOIN replaces fiat currency, using blockchain technology to ensure transparency, eliminate illegal transactions, and automate real-time taxation. To maintain economic stability, unspent UBHI funds are reclaimed to sustain global GDP. A unique feature of this system is a private savings account allowing citizens to safeguard $1 million annually, free from oversight, fostering financial security and independence.
This transformative model promises to eradicate poverty, equalize wealth distribution, and enhance individual freedom. However, it raises pressing ethical questions about privacy, surveillance, and humanity’s evolving role in a robot-driven society. The Future of Wealth explores how this bold integration of technology and economy could create an unprecedented era of abundance while confronting the challenges of equity and human purpose in a post-labor world.