3 Comments

Nomads have money that they're willing to spend in local communities, which could make them richer and equalise some of the inequalities of birth that we find in touch vs poor countries

I think the trick is for it to be reinvested instead of captured by landlords and property owners.

A land value tax / citizens dividend setup makes a lot of sense for places affected by nomads: nomads drive up rents, but they're mostly captured by the state. The state then gives every local a dividend from this pot of captured rents.

So even if locals are paying a lot more rent, they've got a large citizens dividend -- so on net they're likely to get more from the dividend than they pay in rent.

Expand full comment

Thanks Ben! It sure is a complex set of issues. You make some great points. We like the idea of money being reinvested in communities. We've been imagining a platform that would allow nomads (or anybody for that matter) to invest in startups based in the communities they were living in or felt alignment with.

Expand full comment

I appreciated this article, then unfortunatley saw it end with a GenAI image.

Because I have no idea how many creators went unpaid and uncredited to scrape and build the LLM from which that graphic was generated, I do not think sharing the content it illustrates would be ethical.

Expand full comment