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0 sats \ 1 reply \ @SevenOfNine 14 Jun \ on: Forget Universal Basic Income; Embrace Universal Basic Resources econ
Por que no los dos? Government starts mining Bitcoin. Partial distribution goes to fulfilling basic needs. Eventually, partial distribution can go towards UBI as well.
But if the distribution is cash, it has to come from selling the mined bitcoin, which means there’s a buyer on the other side providing the fiat. Or, if you mean they distribute sats, again, the end recipient has to spend that for resources that someone else provides—Increasing the amount of money people can spend without increasing the supply of goods on the other side, which leads to inflation. Even if people are spending sats on goods, what this would do is push against the natural deflation effect of technology. Why not simply make things free?
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