Bitcoin backer Jack Dorsey pledges $3M more towards UBI initiatives

Bitcoin backer Jack Dorsey pledges $3M more towards UBI initiatives

Twitter and Square CEO Jack Dorsey. Image: Shutterstock Jack Dorsey, Bitcoin devotee and co-founder and CEO of both Twitter and Square, has donated $3 million dollars towards a new program that seeks to establish universal basic income for United States residents.

Mayors for a Guaranteed Income was founded with the support of 16 American mayors, including founder Michael D. Tubbs of Stockton, California, Keisha Lance Bottoms of Atlanta, and Eric Garcetti of Los Angeles. Stockton has already been giving $500 per month each to 125 residents since February 2019, and other such pilot programs are being developed elsewhere. Dorsey […]

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