Duration coin does not exist yet, so I am not here to shill a alt coin to make fiat for myself, just sharing an idea that might save my species.

I talked about it many times on this forum over the past 10 years and the forum moderators decide to ninja delete it, so I have to make a new post.

It would be a coin distributed via elapsed duration.
Everyone would get 1 hour coin an hour or 1 second coin a second, it would be like welfare, disability or universal basic income.

So instead of a few minting the supply and distributing it, a software distributes supply fairly to all participants at the same rate.
This does not mean you can`t earn more than another by working, I encourage that.

People here say it can`t be done in a decentralized manner but it can.
Using this technology https://www.popularmechanics.com/military/research/a28210348/pentagon-heartbeat-laser-beams/
Software can give everyone a address based off their heart beat signature.
Then you distribute supply to the address at a fixed rate.

Kind of like POS but everyone has the same stake of 1.


Things bitcoiners complain about:
1. I don`t want to sign up.
That is fine, it is for willing participants.

2. I don`t want to give up my heartbeat signature.
You already do, and they will use this tech in military drones to auto aim your heart through walls in the future, Go ahead, opt out of your heart beating.

3. The coin won`t be worth anything if they just keep printing it.
My farm will always accept duration coin for peaches and cherries at a fixed rate.

4. No one will want to work then.
If you want the finer things in life you will, If you want to feel you are contributing to society you will. If you want more than others you will work for more.


So I already have the software done, that distributes supply at a fixed rate to addresses. The problem I have with creating it, is the funding to create the sign up stations that are live streamed to the blockchain and the heartbeat sensor tech that is linked to your accumulation address(you can have multiple spending addresses).

I thought central banks are against the idea and not into some speculative assets. So, you're saying these central banks will create a huge amount of supply of fiat to bought bitcoin and suck it out in the market?

Do you think this creates a utopian era of finance and economy? How do you plan to implement it?

I believe your line of thought is flawed, miners sell their BTC for fiat, but those people that bought BTC from miners are not selling to Central banks. Miners collect fiat from investors to pay for electricity and mining rigs, if in future Government start collecting tax in BTC then I will say, all BTC leads to Central government.

The logic is that fiat can everything and that's also making bitcoin buy everything. The difference is bitcoin is becoming better and valuable than it because of its volatility.
And that's making everyone to have it so that does mean if the government wants to take "all", they'll get yours and mine?