The moment UBI is enacted, it’ll become the most important issue for voters. Who is going to pay me more? Who is trying to take it away? Just leads to more monetary dilution in a loop that only ends badly. Never mind what other issues are on the table, gimme money will take priority over everything else. We need less printing not more 😂 it’ll be taxed away through inflation all the same. Nothing gained and everything lost. nostr:note1r47zwff7nc0g95kymr3yfxme0lf0p52rujal5a8eegdqy47nr0msugcng0

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v4v will start meaning value for vote

discussed ubi in-depth with a phd couple years ago, don’t like it one bit

Yup.

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.”

-Alexander Tytler

As Counsel for the defense, I submit that "gimme money" has been the most important issue for generations already.

UBI doesn't fix that (but it does reduce some of the inefficiencies).

UBI doesn't fix inflation either (but bitcoin does).

UBI doesn't fix reckless government borrowing (but is more transparent and lower friction than extant programs).

Tens of thousands of power-tripping public bureaucrats get paid well for running the present (absurdly inefficient and biased) social welfare system. And then there's the private middlemen in the social welfare system.

Here in Australia, the NDIS has to pay $120/hr to a chain of "private" middlemen for a recovering injured worker to receive just the minimum wage for that hour. Because bureaucracy and butt-covering don't come cheap.

UBI fixes them. It fixes them good and proper.

There are other ways we could do that, but UBI cynically hijacks their own core support base to do our lobbying for us.

Lots of people didn't get any money during the covid mess so it's not universal & unbiased. And anyone who believes there won't be strings, or that UBI won't be used to lock everyone into a CBDC is delusional.

Lots of people didn't get a share of fake money during COVID.

UBI fixes that, and it fixes some well-paid hidden parasites.

It doesn't fix anything else, and it won't stop CBDCs or social credit scores or whatever else they have planned.

But its still better than the status quo in so many ways.

People don't believe the waste and abuse involved in the present system until they see it close up.

No, it won't actually be universal, & it won't fix anything. You are delusional. Most will quickly be dependent & in order to free them you will have to convince them to give up all the free CBDC tokens. It will make everything 1000x worse. The govt will just be bribing people to ignore the trillions going to political cronies & other parasites. Inflation will jump to banana republic levels.

If its not universal, its not UBI. UBI is universal by definition.

CBDC tokens and banana republic economics are coming on hard and fast. Tens of thousands of wasteful bureaucrats won't save you from CBDCs, or anything else.

If we get the chance to throw them overboard, we should. There is nothing bad about UBI that we don't have already, and nothing bad planned that we won't be copping even without it.

The NSA isn't a security agency, they spy & make software insecure, but that doesn't stop the govt from calling it a security agency. UBI will not displace a single bureaucrat & it will magnify govt power to manipulate normies to murderous levels.

When inflation forces people to choose between free money plus turning in people who work outside the system, vs selling everything they have to survive & adopting some magic internet money they don't understand, most will choose to turn us in & they'll take the debit card points they know how to use.

Very well said re NSA.

UBI will only be implemented if a dominant political faction can use it to divest their rivals of funding and headcount. That means cutting bureaucrats in social welfare, even if they add more to other departments with the freed-up plunder.

Re magic internet money, I disagree with that scenario, we can and must bring people across incrementally.

A criminal organization doesn't care about your version of some definition. They don't honestly implement anything. All programs are designed to magnify power & manipulation or they simply don't happen.

When book, sir? I’ll preorder.

I agree 100%. That post is sig-worthy :-p

But sometimes they miscalculate, and other times one faction is out to harm another faction.

"Never interrupt your enemy when he's making a mistake"

We already enacted it during g covid. The cat is out of the bag. Any and every future crisis will include it until it becomes permanent.

When ubi becomes permanent the crisis will be permanent & if there isn't already enough of a parallel bitcoin economy in place then it'll be time to leave.

💯 💯 💯

And the incoming CBDC makes it all soooo convenient. Just download this app and have a bunch of free money that you can use for government approved goods and services provided that you spend it all in this window of time.

Talk about a drug to induce furious spending. This is the end of the road people...last exit is the one marked Bitcoin.