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The Progressive Bitcoiner 1y ago

"Basic income is not left or right. It's forward." - Scott Santens

My guest today is Scott Santens, with special guest co-host and friend of the pod Margot Paez. Scott is a leading Universal Basic Income (UBI) advocate and has been researching the subject since 2013. He is also the President and Founder of the Income to Support All (ITSA) Foundation which supports ambitious projects that help realize a foundation of unconditional universal basic income through research, storytelling, and implementation. In this episode we discuss Universal Basic Income's potential to address poverty, inequality, and the future of work. Santens explains how UBI can empower individuals, boost entrepreneurship, and create a more voluntary labor market, while addressing misconceptions and basic facts of what UBI is. We also explore the intersection of UBI and Bitcoin, with particular focus on renewable bitcoin mining projects and community benefits.

Listen via our website https://tinyurl.com/4uvrbaru or whoever you get your pods by searching for “The Progressive Bitcoiner.”

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Discussion

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Life is launched directly on the mainnet 1y ago

I haven't listened to the podcast yet and I’ll do, but the perhaps stupid first hesitancy about UBI is: if we give everyone 100, doesn't 100 become the new 0? And don't we find ourselves at the starting point?

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NixB 1y ago

AI and hyperautomation are coming, and people should take that seriously. The funny thing is that people think it’s okay for a system where just 1 percent of the world's population controls nearly half of the planet's wealth. They don’t even do the math; for instance, it would take approximately 49,315 years for a person receiving $10,000 per day to accumulate the same wealth as Elon Musk's estimated net worth of $180 billion in 2024. The only billionaire I tolerate is Satoshi Nakamoto.