Are you speaking about Universal Basic Income. If so I have a couple concerns with it.
- There is no FREE so, how is it funded. Is it just another socialist program that exists by stealing from citizens or putting them into debt.
- Anytime something has been guaranteed by the government it tends to cause prices to go up and go nuts. I suspect a UBI would simply effectively become the new zero, and just like minimum wage they would have to keep increasing it and it'd be a cycle of problems followed by a very short period where people think "wow" until things adjust then the problems continue.
I do think something like a UBI could be done with a blockchain, but I do think as long as the government is calling the shots it would be a negative thing. I wrote a post on optimistic look at the future a couple of months ago where I defined something that "might" work, but I can't guarantee it. As with any experiment it needs to be tried and then make decisions based upon whether it succeeds or fails. This is something governments don't do. They don't tend to learn from failures. They just keep pushing the failures as they are more concerned about their "legacy" and they do not like to relinquish power once they have it.
The Future: An Optimistic Look
I cover more than an UBI in that post, but it is the closest to a UBI you'll ever see me write.
If governments push for it today I am against that. That will just be socialist program controlled by the government and it WILL fail.
Yet, there are ways to do it without a government. :)
If prices prices would go up making the UBI the new zero, which it easily could, is it possible for governments to ensure a social minimum?
The governments are just other people getting to force more people to behave the way those considered "Authority" want them to behave. I don't advocate for the government doing it. They suck at it.