#UBI is the most pressing agenda item for #progressives .. probably most extreme .
The moment they understand access to #bitcoin is the only feasible way to roll out #UBI at global level , they start seeing #libertarian values ..
It's not the fighting place ..#bitcoin is the only common ground..
How does Bitcoin allow UBI? Seems to me like it's exactly the opposite. UBI is coercive wealth redistribution, like every progressive pipe dream. And the purpose of Bitcoin is to make coercive wealth redistribution impossible.
I'd love to hear more explanation.
Oh mano, do I have the podcast for you
Thanks! That looks fascinating, I'll give it a listen!
If any country switches to Bitcoin today , in a matter of few years they would have given to all their citizens enough to survive many generations.. isn't that better than UBI ( assuming UBI is a country by country roll out .. its not something that entire world would implement at a press of a button :-) ..
Switching to #bitcoin is a much easier proposition for a country than implementing UBI in a Fiat system .. reason - the technology rails are already in place .. you don't need to change your tax code or anything .. whereas with UBI you will need to change the tax code upside down .. most rich would flee your country in no time .. and you would have a bunch of inflation to take care ..
Switching to btc is simple for any country .. business as usual .. people will still file taxes the way they do .. it would be lot more transparent .. rich people would flock to your country cuz of better property rights and you would see sudden rise of prosperity all around
At a more philosophical level - we need UBI because the money is broken .. if we have good money , everyone has UBI already bestowed by God in their two hands and one mind ..
At the end of the day .. both progressives and libertarians want to help the ones who need it most .. whether its through over regulations ( UBI) or under regulation ( freedom tech) ..
Thats the common ground .. when objectives are aligned , implementation goes to an easier , time tested technical solution - Bitcoin
Thanks for the recommendation, great stuff. My comments/criticism here>
Wow .. thats quite an article.. I couldnt read through end tonend yet but on my list ..
OK but the real attraction of ABI is to create powerless zombies who are entirely dependent on the state, using money you can print without limit or cost.
If you had to do it with real money it wouldn't work!
Umm .. yes, if it is fiat UBI .. no , if you empower people through access to btc ..
Fiat based ideas of UBI are absolutely non starters .. that's exactly why even Bernie didn't support them :-)
well they should be nonstarters!
but even UBI under bitcoin would be malign, as it creates this total dependency on the state, while undermining your confidence in your own autonomy
of course it would also be unaffordable, so luckily we don't have to worry!
