Love your reports, thanks for the work you do to keep me informed. And, I disagree with your take in UBI. Bitcoin and UBI will work very well together. Andrew Yang doesn’t want to tax the robots to pay people to stay home. The stay home narrative is 100% incorrect about UBI and you’re being spun by the same corporate, billionaire systems that are fighting Bitcoin. We have a common enemy. Think of UBI as a floor, not a safety net, or an income replacement. No one is sitting at home smoking weed and playing video games on 2K a month. They might very well save up for a while and leave their shitty job and start a small business, get trained for something else, or stay home with their young children; again nobody is leaving the workforce completely for 2K a month. I’d love to talk to you more about this or put you in touch with people I follow more able to speak to it. UBI and Bitcoin are both huge low time preference reinforcing mechanisms. They are complimentary, not competitive. So many bitcoiners will say you need to spend 100 hours learning about bitcoin, I would argue UBI needs a similar commitment, and if you haven’t committed to that level of study you’re in danger of sounding like a no coiner rhyming off classic fud about bitcoin like it’s money for criminals, and it’s not attached to anything, and it’s a Ponzi scheme. Be well sir, keep up the fantastic reporting on Bitcoin, and if you can make the time let’s explore the power of a UBI for individuals. It kind of makes individuals as powerful as a union can without the complexity of another large institution. Imagine what you would do if you were in a shitty job and then you started getting 2K a month consistently, for the foreseeable future, not clawed back if you continued working, or making income in any way. What would you tell your employer to do with that job :-). Cheers
https://fountain.fm/episode/rcW9yFF6VJmWiO6Q55Wk
View quoted note →
View quoted note →
