Andrew Yang Could Use Bitcoin For Universal Basic Income, Freedom Dividend

Andrew Yang Could Use Bitcoin For Universal Basic Income, Freedom Dividend

On May 21, 2019, the City Journal published an article criticizing the notion of Universal Basic Income (UBI) — a form of government welfare that guarantees every citizen over a certain age a minimum income. While some see this as merely free money or a handout, Andrew Yang and his Freedom Dividend disagree.

Andrew Yang is campaigning to become the 2020 Democratic Presidential candidate. A major element of his platform includes a UBI called the “Freedom Dividend.” If implemented, every citizen over 18 years of age would receive $1,000 a month — independent of income or need.

While this may incur […]

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