#Abandoned account safekeeping act

4 messages · Page 1 of 1 (latest)

swift river
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A lot of euro are sleeping in abandonned account. I propose we put them to use.

I propose that every 24 hours, we transfer the money from abandoned accounts to the PM account (or any not auto-transfer account) and assign the amount to an IOU variable.

If someone becomes active, we check if that person has a IOU greater than 0 and give back the money. We make sure to keep a reserve in the relevant account to be able to pay the money back.

What do you think about that?

tawdry grail
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Thats very unconstitutional. I also thought abandoned accounts got sucked into the UBI account, is that not happening anymore?

swift river
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The UBI part get sucked.

But yeah, that would not amount to that much money anyway

analog elk
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I'd prefer if abandoned kept their ubi. I could print fresh money if needed (from which 10% go to budget) 🤑