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Nice commentary there mate!!! …
Sup
In Australia, the government is now making a standard two-weekly payment to people who have lost their employment due to COVID-19.
More and more there are references to this payment as being a basic income.
…And so it begins!
I’m new to this whole thing. Is every company going to make their own block chain? And does that mean they have their own coins? Will that devalue the current major coins if every company gets their own?
Holy crap your Annunciation literally makes me wanna puke
No plans for UBI in Spain ATM, they plan to help a section of the population which have low income . UBI doesn’t discriminate against high earners, hence universal
Jack Dorsey has lost his mind! At least 28% of it.
Bill gates wants it close for 18 months so vaccines can be complete. Supposedly to open up 6 months to find out that the virus can reinfect people
6 months ? 6 months of what ? Total lockdown ? lol
'ETH Head???
So if UBI comes what's the importance of investing in crypto now. if they can simply take it away from us and say we all have to be equal.
Always enjoy your videos! Shout out from Placencia Belize , Central America
what if the "mandatory" vaccine that are nearly certain to come out denies people access to their bank fund until they can prove they're vaccinated?
Every robot can actually produce an income for many actual humans and.. produce another robot.
Do you invest in the stock market or only crypto?
Canada is not offering UBI. Only those whose jobs are affected will receive assistance, for the next four months (for now… I’m sure this will change. Helicopter money? Perhaps).
I thought the ICO and altcoin market was crap too until I found one around #900 that didn't seem that bad.
Trump is already getting rid of taxes, which is the same thing as UBI only in the proper direction. Global UBI won't happen.
If corporate profits foot the bill for UBI I hope everyone sees through that irony.
I have a solution for UBI that would not cause inflation. Everyone is issued either a digital wallet or a debit card with say, $2000. The card automatically loses one percent of its value every day. If you spent the $2000 today, the person who received the money could also spend it today, but tomorrow, it would lose 1% of its value. If you put the money in your bank, the value of the card would go down to zero. You literally have to spend it before it loses its value. This way, the multiplier effect of spendable income would be phenomenal.
Instead of giving away trillions of dollars to buy junk bonds, fund failed banks and dying corporations, they could keep the economy going quite well and not suffer catastrophic monetary policies.
I certainly enjoy your work and thank you for the service.
Jack is a idiotic socialist.
Funny how every program is set up for women to profit off of…Is there even 1 program out there for men?….Seems to me that men are disposable in today's feminist society.
I wish all these shit coins would die off. We create your own we have tons that would work for your own ideas and you would still get rich for it.
UBI makes total sense because the world economy is based on consumers consuming all the time.
Mathematically the US Government can not cover the current debt and they know this. GDP will never grow fast enough to cover it.
We're heading towards a monetary reset. That is just the beginning!! Check out the book The Social Singularity for a clue to the new system.
Lol, the US giving the people any type of relief besides crumbs. We'd have to literally on the verge of collapse for this to happen here. If you're a billionaire or corporation, the government has got your back. That's why I'm in crypto, to make my own way.
And an EIEIO
Theoretically, a UBI could be created by the government in the form of a cryptocurrency which has a built-in demurrage (decay) rate in the protocol. The government would have to make the cryptocurrency legal tender and good for the payment of taxes to give it value. In the U.S. for example, the UBI cryptocurrency would simply be emitted by either the Treasury or the Fed and deposited directly into crypto wallets downloaded on people's smart phones. The demurrage rate would be set by law or made adjustable by the Fed. The purpose of the demurrage would be to encourage people to spend it because if you don't use it you lose it. Also, the demurrage rate would theoretically prevent excessive inflation by destroying the currency over time.
All I can say is if you think your universal income is good you’re crazy! A government that gives you everything, can take everything. If you give up your freedom you deserve to lose it.
We will be back to work here in May.
Do you lend on defi?
YangGang
I donated to the education of boys and men.
You should look into andrew yang in regards to anything UBI
And Omisego is dead probably
Spains universal payment…. sounds like socialism so I looked it up there leaders… go figure…
People's Party (PP) 1 June 2018
Pedro Sánchez Spanish Socialist Workers' Party (PSOE) Present….
EIEIO is launching this fall.
UBI!!!!!!!!!!!!!! Yang Gang!
Bitcoin is the MySpace of Crypto's
UBI would be great , but where is that money coming from ? Who is flipping the bill ?
Jack Dorsey will never give away that money. He is full of sh*t. Just like another billionaire Ted Turner who promised the UN a billion dollars. Never happened. Liberals like to grandstand…never follow thru.
Ubi is communism . Better dead than red
Eth is about to blow