Recently there has been a big push to promote the idea of a basic income. I have already written about it in the article, Beyond Employment and capitalism in the world of AI: poverty or paradise? , but I find it important to add some more words.
There is a better idea than basic income. Just read on.
Basic income is not a workable idea. If fails within a decade of its introduction because of how international monetary systems work. Even if you introduce it in a vacuum, or even using bitcoins, it fails within a decade by its own design. […]
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