On New Year's Eve I had a privilege of being invited to a CPF interest party. To entertain my host and fellow guests, I shared two wacky ideas with them. I just wanted to see how receptive folks are to them.
I was fortunate as there were many younger professionals attending the reception so it's a good way to look observe their reactions as well.
So here it goes :
a) NTUC should mint its own cryptocurrency
I did spend 11 months with the IT Department in NTUC-ARU. Amazingly my host worked with SLF who holds the purse-strings behind NTUC initiatives.
My first idea is that it is time to launch a cryptocurrency and the best body to do this is NTUC-ARU. The idea is that with the wealthy cornering fiat in Singapore and almost all rental properties, a new form of utility token that can be exchanged when low-income Singaporeans perform services...