Hard to imagine how this would work. Where will the money be coming from to fund the government to give out to the people? And who will pay for goods if they don’t have jobs. How will the companies in the world make money if people can’t afford to buy when they don’t have jobs. Even if it were to be true, then we will all be living in a uniform society where everyone is equal in wealth and status, but ruled by a few elites who govern the people and the funds. Scary if true. Reminds me of Twilight Zone.
Ninjanoel on
I think UBI should be partly funded by cryptocurrency transaction fees.
Imagine if Ethereum said „any unique person“ with an onchain identity will receive UBI funded by taxing Ethereum transactions, I think by the next day they’d have 8 billion onchain users 😂
ODD_Old_Dirty_Degen on
Richest man on earth telling us we will all be rich lmao notice how he reframed universal basic income to universal high income
Fine_Employment_3364 on
But he won’t let himself be taxed, so I guess he’ll just be sending out checks personally? He does already has our addresses and other required info from the DOGE data breach.
Competitive_Swan_755 on
Yeah, whatever. Who’s funding it?
No answer? Riiiiight……no answer.
FrenchieChase on
He’s only pushing this because his own AI company can’t compete so he wants to slow down competitors
uncapchad on
Also inevitably leads to CBDC – expiring money. Some of those who have „sufficient“ would have to be coerced into spending.
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Hard to imagine how this would work. Where will the money be coming from to fund the government to give out to the people? And who will pay for goods if they don’t have jobs. How will the companies in the world make money if people can’t afford to buy when they don’t have jobs. Even if it were to be true, then we will all be living in a uniform society where everyone is equal in wealth and status, but ruled by a few elites who govern the people and the funds. Scary if true. Reminds me of Twilight Zone.
I think UBI should be partly funded by cryptocurrency transaction fees.
Imagine if Ethereum said „any unique person“ with an onchain identity will receive UBI funded by taxing Ethereum transactions, I think by the next day they’d have 8 billion onchain users 😂
Richest man on earth telling us we will all be rich lmao notice how he reframed universal basic income to universal high income
But he won’t let himself be taxed, so I guess he’ll just be sending out checks personally? He does already has our addresses and other required info from the DOGE data breach.
Yeah, whatever. Who’s funding it?
No answer? Riiiiight……no answer.
He’s only pushing this because his own AI company can’t compete so he wants to slow down competitors
Also inevitably leads to CBDC – expiring money. Some of those who have „sufficient“ would have to be coerced into spending.