Guy Swann
· 62w
1000%, discussion around UBI is always a gauge to how well someone understands basic incentives and market function.
There is literally no world where UBI doesn’t destroy an entire layer of the mar...
I used to believe UBI was what we needed for the world to transition, to a world where nobody needs to work because automation has taken all jobs, but it's just a FIAT solution to FIAT caused problems. Ultimately it's unnecessary because Bitcoin itself actually IS a fair UBI system in a way. Work hard enough and save long enough in self custody, and your Bitcoin's growth in spending power will quickly outpace your spending to the point that you functionally have a UBI that you're in control of and give to yourself on your own terms. Only instead of bureaucrats deciding who gets what, personal effort does. It's much more wholesome, global, fair and motivating to all.