Crypto and UBI

A lot of people dislike the idea of a universal basic income or regard it to be little more than a joke. People find it offensive, ludicrous or even dangerous. A unviversal basic income reeks of communism and many belief that handing out free money will result in an unproductivity and is an incentive not to contribute to society.

It is obviously though to some that an universal basic income could be a solution to poverty and that it fits right in this transitional time we are living in. For now, the fact just remains that in our debt driven and labour based economy a UBI just rubs too many the wrong way to become a reality.

But there is a new wind on the horizon.

Very soon robotics and automatization will diminish labour jobs and will replace a large portion of the workforce in service and transport jobs. We will come to a point where a universal income will not only be a possibility, but a necessity. If not, who will buy all these goods robots produce at rock bottom prices?

People will be more than just the work they do and leisure time will become an opportunity for personal growth.

Crypto currency is the perfect messenger for a global UBI system in this transition period we are in. It does not replace our current income structure, but adds to it and allows a new system to be created with the old.

I strongly believe that if you take a person out of a situation in which they see no perspective, they become happier, more creative, more productive and they will make better decisions. I hope crypto currency is the way to an universal basic income we can slip past the sceptics and will find them surprised the Brave New World is already here.

As soon as the perception of trust from the general public starts to shift from traditional to crypto currencies their shit storm starts. And no want wants to end up sitting on the biggest bag of excrement in financial history.

Very interesting times people!