How Cryptocurrency Can Help in Paying Universal Basic Income

How Cryptocurrency Can Help in Paying Universal Basic Income

Due to the crisis caused by COVID-19 , millions of people have lost all or part of their income. To support them, governments have been giving out money to victims. Is it possible to make this practice permanent? And if so, why will we need state digital currencies?

The COVID-19 pandemic has forced the United States, Canada, Japan, Russia and many other countries to print large budget reserves and to start helping people with direct cash payments. Such measures have, again, led the world to talk about the idea of an unconditional or universal basic income, otherwise known as UBI, […]

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