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RE: Universal Basic Income : A Crypto Approach

in #cryptocurrency7 years ago

Good question. This is the first thing quite like this that I have heard about. I know that there is some ultra rich entrepreneur in California who is experimenting with UBI. He picked something like 500 people to give $1,000 cash to every month and will check back in a few years to evaluate what effect it has had. If it goes well, he wants to expand the program. Those numbers might be off a little, but the concept is true.

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