Apply HN: Gresham Dollar – Viral Currency for Basic Income
1. Where does the money come from to fund the conversion into USD?  i.e. is this self-funding somehow or is it a government program?
2. Why 30 days to mature (why not 0, 3, 15, 45, 3650)?  
3. &quot;Far fewer USD reserves than a central bank would normally need...&quot; OK. So I&#x27;m missing a bigger point of the mechanics. (see #4...)
4.  Is there a Ponzi-Scheme danger as more people are trading their Viral Currency?<p>PS-
1. The premise of the hack is interesting--bad money gets spent first, good gets saved; though ironically the bad is less valuable if you spend it today (discount)-- 
2. I like the goals of basic income. Thanks for experimenting with it and starting a conversation.