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Ask HN: Help me breakdown this idea

7 pointsby RemoteCommover 4 years ago
Rules - Think from a startup and product management perspective.<p>Preface - Anyone who ever worked a job in tech will know that how easily salaries can be in 100s thousand to millions, and we only hear about the outliers in the mainstream media but we know there are people who built things and sold companies for 20-200 mil. So, if we can engineer digital products and generate such wealth, can we engineer something to help people so they don&#x27;t work 3 jobs to pay rent in the middle of the next pandemic?<p>How about a Digital Nation, DN<p>Create a new country which exists on the internet. A country without a physical border, which means, doesn’t matter geographically where you are on the planet you have an electronic passport. For example, a local doctor who is a citizen of the DN is paid by DN to provide care for other DN citizens who live in the same geographic area.<p>The new nation has its own digital currency which is guaranteed by an electronic ledger that is funded by the citizens, and a charter which is designed to deliver basic standard of living for citizens. A basic income paid in local currency to pay for cost of living such as: - Internet (partnership with Starlink?) - Shelter - Medical etc. --- How does one go about building such a thing ? Breaking down the basic needs by overcoming logistical problems?<p>Thank you, for time and sharing your thoughts.

2 comments

anigbrowlover 4 years ago
It&#x27;s limited to being a mutual aid society because existing states will refuse to recognize it due to the absence of territory; and insofar as its a transnational entity it will be regulated, taxes, or outlawed to a degree incompatible with its ongoing sustainability.<p>That doesn&#x27;t mean I don&#x27;t think it&#x27;s a good idea, just that it&#x27;s going to encounter enormous opposition from existing powers, both formal and informal.
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dudusover 4 years ago
Tech doesn&#x27;t just magically create wealth because it exists.<p>Tech jobs pay well because of market imbalance. Jobs &gt; Candidates. When&#x2F;If this balence is broken tech jobs salary will decrease. It also is justified because tech jobs generate value, in either revenue or equity, arguably. That also can change in the future.<p>Creating a digital currency and digital passport doesn&#x27;t create wealth out of thing air. So you need money to pay for the services you plan to provite your denizens with. You are invariably asking richer individuals to pay for their own services plus extra for the poor denizens.<p>That&#x27;s just socialism, when you force your denizens to finance equal services for all. Or donation with extra steps when they do it out of the generosity in their hearts.<p>I don&#x27;t see how you can spin this into anything that makes sense.
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