Crypto UBI General 2.0

It is 2025 March and Andrew Yang became the president of US. An ambitious global community of around 12 million Millennial and Gen Z who are also part of Idena proved decisive in electing him the president. Just after inauguration the President signed a bill legalizing DNA UBI for all American citizens which is being followed suit by the other nations as I speak. A UN General Assembly meeting has been called upon to discuss and vote on the matter and it is fairly expected that it would pass by a unanimous majority. Meanwhile following the developments the DNA price has just crossed $500 equaling 0.002 DNA to 1 USD. The price is free float and has been consistently rising gradually since 2020.

AI and machines have taken over most of human routine jobs and they are the ones which have made the Idena Flips provably impossible to successfully solve at a human-level by non-humans.

And while all this happened, Bitcoin has also become a de-facto store of value for the world soon expected to become a de jure instrument.

Ethereum is still trying to be a leader in the Defi vehicals while competing with a range of tough competition in the space.

There is a global free float and a liquid exchange between store of value, UBI and multiple Defi instruments against each other and a multitude of other remaining national currencies. The markets for digital instruments have become somewhat stabilized and have enough liquidity to manage any magnitude of trades.

Geopolitical matters for some other time!

Let's see what 2030 brings for us all.

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okay I'll bite
what does dna have to do with any of that?

>validating humanity one porn flip at a time
Crypto UBI, first movers' advantage, former ETH devs. All of the puzzle pieces align, this is the perfect moment in history for this in light of trumpbux and literal economic collapse with millions of jobs lost

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what does solving captchas have to do with ubi?

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Relatively even payout distribution across all nodes (PoW and PoS are earned through wealth or electricity), entirely new blockchain consensus method. The captcha is just AI resistant and ensures human identity.

The term cryptoUBI is the abbreviation of “cryptocurrency” and “Universal Basic Income”.
In general, it can be said that a cryptocurrency is a CryptoUBI if most, if not all, of the newly minted coins are handed directly to the users, regardless of how much hashing power they produce (proof of work) or what proportion of coins they own (proof of stake).
Instead, cryptoUBIs use a different approach called “proof of person”, and although there are numerous projects with interesting approaches, it hasn’t yet gained much momentum.

Until IDENA

AHHHHH HALLUCINATIONS EVERYWHERE ON BIZ. KEEP DREAMING RETARDS HAHAHAHAHAHHAHA

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Alright so I downloaded the app do I just wait for the next validation date and then mine?

You need an invite code sirs

This dude probably couldnt get an invite kek
Yeah just wait. Also dont ever read the introduction or FAQ on official website, it’s cluttered and unreadable and will definitely not give you all the info you ever need about the project in 10 minutes of reading

I just put ALL of my money in Unification (UND) ... lesse if I end up in the poor house, or beat you all.

it's 2022 and everyone is only using zano cause muh financial privacy

Bump

No theres more to it. Once your node is synchronized, you will not an invitation code. Once you have the invitation code you are ready to do the validation. After validation you are set and can start earning.

Sorry what does DNA and UBI stand for?

It's still early frens

DNA is the project called Idena that will make UBI (universal basic income) on the blockchain possible.

op gimme an invite

Go to the telegram for invites. There’s a special group.

Whats all the hype about UBI? Why is this big?

I doubt Andrew Yang will be elected. Either way he could he a good president, better than the ones now.

I doubt Andrew Yang will be elected. Either way he could he a good president, better than the ones now.

Yes hes def better than all pleb presidents now

IDENA 100$ EOY

Sir. I came here to make money mining imaginary coins not to read.

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Can anyone give me a quick shilldown on DNA

So Idena is a built from scratch, a totally new blockchain model (not another fork of some other blockchain). It proposes a model in which the nodes have to validate themselves that they are human by solving flips (puzzles) one time each week (this will be gradually extended to each month over time). The puzzles are like captcha’s, machines can’t solve them. So this way the blockchain makes sure only a human can run a node. Once a person has validated himself and has become a node, they can start participating in the network. Every person can run only one node, since the validation proces is at a set date each week and it has to be done within like 5 mins, making it impossible to do two or more at a time per person. So every person has one node and thus also one vote in the system, giving everyone equal power in governance. Once setup a node you are then incentivized by rewards in DNA (Idena’s token) to:
1. Create new puzzles
2. Validate yourself each week
3. Invite new people (only verified people can invite. Verified = 3x done validation)
4. Mining
So this is basically how the infrastructure works. These things are making this infrastructure, cause every person can run only one node, the most decentralized blockchain there is. Proof of Work and Proof of Stake etc. are run by a few people who own the majority of the nodes, making it not decentralized at all. Now you asking: what is the point of all this? Well basically this whole space (crypto) started with an idea to make a decentralized system, a more fair system for the world. And since Proof of Work and Proof of Stake failed this purpose, Idena has stepped in to solve actually the most important issue which decentralized systems (crypto) face today: making a cryptocurrency thats actually decentralized.

Where do is start if i want to run a node?

gibsmedat

>former ETH devs
There's no proof, only rumors. Don't mislead people.

i've acoomulated 50k, what's the make it stack??

what’s the benefit of running a node if i had no intention of mining? i could just buy their tokens on qtrade. what am i missing?

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You can help grow the network. Invite more anons. Submit quality flips. You can turn off the mining function if you want. I guess right now there is no true incentive if you don't care about improving Idena's network. Apart from hoping price will go up

I think the consensus is 10k to make it so you got yourself a nice generational wealth stack, congrats user

thank you for that. are there any legitimate price predictions as to where this thing might go or not go? not talking about idiotic shill numbers. merely trying to figure out whether it might be a better investment over other coins i’m currently invested in.

Is there some information on circulating/total supply btw.? Will the mining of ~45000 dna per day stop eventually?

Currently it has a 2.2M marketcap, that's really the only solid information there is, all predictions are speculation.

any other anons have a btc or 2 to help get us DNA/BTC over 3000sat resistance?
been setting 10k dna buy walls to accoomulate, but some little faggit keeps sniping all the market sells by setting smaller walls at 1 sat more so i'm ready to rageblast market buy over 3k sats if it prices the faggit out.

looks like we'll need 2-3 btc to eat up the books to 3k sat, i'd be willing to put up a btc or 2
pls respond

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pls no pamperino, this is a legit project, just let it grow organically

I'm hoping at least top 100 - 150 if we ever bull again. See december 2017 for market caps

And yes this is just me dreaming

just accumulate slowly, it's still extremely early, don't pump it so that crypto twitter and plebbit fags start rushing in.

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a little fertilizer never hurts

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Not to get overhyped but if we get 1-2 use cases for this network/token there will be no reason not to be at least top50, this is basically a completely new type of consensus, next level decentralization and the best part is anyone can participate and get some tokens without spending any money
It may get big or it may dump and die at some point but since we are so early it’s basically a free golden ticket as I see it

how would anyone know if it pumps though? You'd already have to be watching it on qtrade or discord right?

You can set an alert on blockfolio or similar platforms.

my point though is just that Idena is so under the radar, you'd have to already be watching it to know if it pumped. It's not on CMC or anything

excellent perspective, user.
they're the same faggots who sperged out to keep LINK "under the radar" a.k.a. "keep early adopters poor" a.k.a. "not pricing out the same normies they bitch about being able to buy at these cheap prices when they find out"

this crabs in a bucket mentality as they wait for their next paycheck is a counter-intuitive coping mechanism.

Exactly the network is growing exponentially and it will stay this way. Also the community is growing. Once this project gains traction and the right people have accumulated it will be unstoppable with the fundamentals it has. Also mentioning they weren’t even supposed to get listed until Q3.

I’ve talked with some cypherpunks and they are all really excited about Qtrade. And the project they like most is definitely Idena.

how do i get invited?

Pls wait on a fren sir i am still accumulating

I could 100% believe that Crypto is going to take off after this simply because it'll prevent governments from just "printing more" to take care of disasters.
If there's ever a time Crypto is going to shine, now is the time.

>Let's see what 2030 brings for us all.
user, I...

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Crypto UBI could be THE solution to banking and financial systems

user why are you showing the poor part of the world in 2030 where the people live without DNA

So in the future there will still be poor and rich

There will always be poor and rich because the variance between low and high IQ / intelligence will always be extreme... and its importance will only grow as the world gets more complex.

>the world needs ditch diggers too!

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True. This world will get more and more complex. Intelligent people with more knowledge will have power over the dumb mind controlled plebs.

no, everyone will be given exactly one (1) unit of FutureMoney per day. Each unit, or its fractional remnant, is to be confiscated simultaneously with subsequent issuance of the following day's stipend of one (1) unit of FutureMoney.

Separate blockchain not needed

Feel free to implement Pop on eth/btc blockchain right now and watch the chaos unfold