What is Universal Basic Income (UBI)?
In the United States one of the larger new ideas in our political cycle is that of Universal Basic Income , or UBI, which is currently being discussed by candidates seeking to run in 2020, including Democratic candidate and Venture for America founder Andrew Yang.
Effectively, UBI is a policy reaction to the same macroeconomic and political forces that are driving the price of Bitcoin and other digital assets up today. UBI is also deeply tied to the conversation around monetary policy generally.For proponents of UBI, here’s the bottom line: Fiat monetary policy and […]
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