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0 sats \ 1 reply \ @OT 23h \ parent \ on: IF there was UBI who would fund it? econ
Is it distributed to everyone that lives in the area as a UBI?
Of course not. UBI is something completely else.
What I'm describing is how mining uses excess generation capacity, which increases the financial performance of the producer (generation), who then can lower rates charged to the utilities, who in turn lower the rates charged to the consumer.
Nothing universal about that. But it is fair.
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