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So, uh, is this just a way to harvest phone numbers...?
And the point of this is?
Preview of what life will be like on a basic universal income.
Thanks, you are on point with what I'm thinking about.
Is this supposed to be some art related to bitcoin?
I think this is meant to be a neat little experiment and/or "useless machine" type thing. Like the "Yo" app. I don't think it's meant to be malicious.
This is meant to be a new currency with a base revenue for every user.
Now how do I convert these points to bitcoins?
Why cash out now? Go long. Pointcoin will be worth millions one day.
Bitcoin would be worth billions at that point :)
Seems a bit like the Black Mirror episode[1] "Nosedive".

1: https://en.wikipedia.org/wiki/Nosedive

That episode made me by far the most uncomfortable I have ever been while watching a TV show.

I think it was the desperation and how so many people could so easily fall down that path of complete fakeness if such a thing ever took off.

And before that on Community episode "App Development and Condiments"
So, it was already submitted 4 times[1][2][3][4] in the last 5 months and there's still no explanation as to what's the point of this project.

[1]: https://news.ycombinator.com/item?id=14511457

[2]: https://news.ycombinator.com/item?id=14526920

[3]: https://news.ycombinator.com/item?id=14712444

[4]: https://news.ycombinator.com/item?id=15517341

The cynic in me says the point is to collect phone numbers.
It's the fifth version of the same project.