Can complementary local currencies with universal basic income reduce inequality?

No Thumbnail Available
Author (Corporation)
Publication date
2021
Typ of student thesis
Bachelor
Course of study
Type
11 - Student thesis
Editors
Editor (Corporation)
Parent work
Special issue
DOI of the original publication
Link
Series
Series number
Volume
Issue / Number
Pages / Duration
Patent number
Publisher / Publishing institution
Hochschule für Wirtschaft FHNW
Place of publication / Event location
Brugg-Windisch
Edition
Version
Programming language
Assignee
Practice partner / Client
Abstract
Encointer is a blockchain platform for local community cryptocurrencies. People in a community can come together to launch and name their own local currency. Every 41 days, there is a meetup, where they confirm each other’s personhood. Once successful, everyone gets a UBI on their cell phone wallet. The objective of the paper was to find out what the necessary conditions for Encointer are to succeed in reducing inequality. And why the approach to reduce inequality is done through a complementary currency instead of a progressive income tax.
Keywords
Subject (DDC)
330 - Wirtschaft
Project
Event
Exhibition start date
Exhibition end date
Conference start date
Conference end date
Date of the last check
ISBN
ISSN
Language
English
Created during FHNW affiliation
Yes
Strategic action fields FHNW
Publication status
Review
Open access category
License
Citation
LAMSALLAK, Shayma, 2021. Can complementary local currencies with universal basic income reduce inequality? Brugg-Windisch: Hochschule für Wirtschaft FHNW. Verfügbar unter: https://irf.fhnw.ch/handle/11654/40885