The coronavirus pandemic has prompted governments to consider the idea of a universal basic income (UBI).
Blockchain and cryptocurrencies could help with the distribution of UBI.
Digital currencies would enable governments to set spending ratios, and to demonstrate the transparency of their UBI programs. Amid the coronavirus pandemic, universal basic income (UBI) is having a moment. With national lockdowns driving unemployment in countries around the globe, even some of the world’s most conservative governments are considering giving their citizens a universal basic income—for free.The premise of universal basic income is simple: to deal with mass unemployment, layoffs, and economic […]
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