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?
"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.”
Discussion
In some scenarios yes and we touch on what other structures must be in place to combat this alongside UBI, but fair point!