Andrew Yang had the right idea with the Freedom Dividend. That's a smart way to frame it, and Alaska is an example of it working with an annual payout to residents ("Permanent Fund Dividend").
Based on what profit? The U.S. economy is on life support and its printing $3+ trillion deficits with massive incoming unfunded liabilities and a shrunken worldwide economy. We are due for a world of hurt and economic pain for the next decade.
Here's how you find new music: peer to peer. Soulseek is what I recommend. The value is unlocked when you search for something relatively niche. You'll find users that have what you're looking for and can then browse their shared directory and download other stuff that you haven't heard of but appears interesting. If you like what you find, buy it. P2P is life.
Smart phones also leak data. While you didn't mean this, I do think there's some sympathy here - the people that don't care about their data being out there because they 'have nothing to hide' probably feel the same way with their genetic data being out there.
23andME need to figure out a follow-on product to get the folks that have already taken the base test to purchase. Otherwise they have no new market to address.
10 BPs.. Also if they're letting the fraudsters continue to use the service (why wouldn't they if they're generating risk-free fee income to KitSplit), the fraudsters are likely more active the typical users. So if 1/1000 users are fraudsters and fraudsters are 10x more active than regular users, odds are 1 in 100 that your gear gets stolen. Ludicrous.
...which makes me wonder if maybe the blockchain aficionados are onto something. The problem that blockchains solve is precisely to replace the "trusted middlemen" with a distributed network of miners and coin-holders, and to split the rewards that would accrue to them across a competitive market. If every Internet marketplace were replaced with a smart contract, that's a massive potential market.
Yip. In my opinion this is the real future of blockchains. There are even incredible possibilities like connecting decentralized services to create new businesses. Imagine a digital farmers' market that directly connects consumer to farmer using our decentralized vehicle transport service.
Only problem is that this/these sort of project(s) would entail an enormous amount of energy and effort to develop. And then you'd also need to ensure you have sufficient marketing clout so it doesn't just lay dormant. And then in the end it's a completely decentralized system. The idea of a creator sitting around skimming money off every transaction is not really part of this picture.
So it's not really the most enticing of projects to take on. Big investment, minimal personal reward. On the other hand, I think it will happen - eventually. We just need another Tim Berners-Lee type individual. Except preferably one that happens to be a brilliant engineer, salesperson, and billionaire.
