Can Web3 Technology and Universal Basic Income Help Eradicate Poverty?

Can Web3 Technology and Universal Basic Income Help Eradicate Poverty?

In his book, Poverty, by America, sociologist Matthew Desmond explains the significance of poverty in the United States.

“If America’s poor founded a country, that country would have a bigger population than Australia or Venezuela. Almost one in nine Americans — including one in eight children — live in poverty. There are more than 38 million people living in the United States who cannot afford basic necessities, and more than 108 million getting by on $55,000 a year or less, many stuck in that space between poverty and security.”

What’s interesting about poverty in the US is that it is not […]

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