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⚡️🇲🇭 NEW - The Marshall Islands are launching a groundbreaking universal basic income program, with quarterly payments of $200, available in cryptocurrency, for every resident citizen.

This is a world first!

Citizens can choose between three payment methods:

➥ Bank transfer

➥ Check

➥ Dollar-pegged stablecoin, sent to a government-backed wallet.

The goal is to ease the cost of living for these citizens, who are often severely impacted by poverty.

"A world first in terms of the nationwide rollout of a universal income," says Dr. Huy Pham (RMIT).
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forwardsteps 🪢 3w ago

This is not the goal, "The goal is to ease the cost of living for these citizens, who are often severely impacted by poverty." 🤬🤡

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Lunapilot 3w ago

That is the fluff they use to persuade people to start using it, but over time other options will be removed and it will turn more and more oppressive and permissioned.

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BaleNorge 3w ago

First they create poverty then they make people redundant, end of sapiens, this is not the way you tackle money, useless govt have no brain.