Since the invention of Bitcoin in 2009, open-source blockchain technology has empowered people to create hundreds of new alternative currencies. Grantcoin is the first blockchain-based currency to be distributed by a nonprofit organization as a Universal Basic Income, with the goal of reducing inequality of wealth through egalitarian issuance of the money supply. In his presentation on digital currency, its history and future potential, Grantcoin founder Eric Stetson will survey the landscape of cryptocurrencies and blockchain technology, highlight some of the most interesting and potentially world-changing projects, and discuss the implications of people-powered currency for the world’s social and economic future.
Eric Stetson is the founder of Grantcoin, the first blockchain-based currency distributed globally as a Universal Basic Income. Eric is Executive Director of the Grantcoin Foundation, the charitable nonprofit organization that manages the project and backs the value of Grantcoin with tax-exempt donations.
A native of Northern Virginia and graduate of the University of Virginia (Philosophy and Religious Studies, 2001), the Rev. Eric Stetson is also an ordained minister and author of two books about religion. In 2007, he founded the Christian Universalist Association with a team of thirteen ministers from six different denominations, and the CUA has become the largest and most diverse Christian organization teaching God’s unconditional love and universal salvation. Today, Eric identifies as a Unitarian Universalist and draws inspiration from a wide variety of spiritual and philosophical traditions.
Eric’s spiritual background and strong humanitarian beliefs inspire his work in the alternative currency movement. He founded Grantcoin on the principle that all people should have a universal human right to equal access to money whenever it is created and issued into circulation, to help combat the growing inequality of wealth and lift billions of people out of poverty.
Eric works as an organizational development consultant and social media manager for nonprofit organizations. He is also a book editor at Oracle Institute Press and lives in the Valley of Light intentional community in the mountains of southwestern Virginia.