Mark Cuban: Why he is against Universal Basic Income

in #basicincome6 years ago

Mark Cuban shares his views on Universal Basic Income and where he sees things going on the technical front.

He presents a candid outlook on the situation. Many of us in the Manna Community agree with him about the employment situation going forward.

One thing to note. His point about how to pay for it and the taxes required to do it is something that is common in the discussion. It is also the point that turns people away.

Cuban's conclusion appears to be about the taxes mostly, although he did mention the idea of everyone quitting and staying home. We are glad he is willing to research the subject more because we are certain he will then come across the studies that show this viewpoint is not backed up by any evidence.

The tax/funding debate does not go away and one reason why we are operating using cryptocuerrency. We avoid the that discussion altogether.

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Mark was against bitcoin awhile back, I think he accepts it now for the Mavs. He'll come around to manna soon :). The tax/funding debate is a huge challenge, the value of a network should be derived by the people's values engaging in it.

"Cuban is an admirer of author and philosopher Ayn Rand"
https://en.wikipedia.org/wiki/Mark_Cuban

Value of political opinion of a Ayn Rand admirer = 0

Mark Cuban
Mark Cuban (born July 31, 1958) is an American businessman and investor. He is the owner of the National Basketball Association (NBA)'s Dallas Mavericks, co-owner of 2929 Entertainment and chairman of AXS TV. He is also one of the main "shark" investors on the ABC reality television series, Shark Tank. In 2011, Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his experiences in business and sports.

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Pablo Escobar
Pablo Emilio Escobar Gaviria (Spanish pronunciation: [ˈpaβ̞lo eˈmiljo eskoˈβ̞aɾ ɣ̞aˈβ̞iɾja]; 1 December 1949 – 2 December 1993) was a Colombian drug lord and narcoterrorist. His cartel supplied an estimated 80% of the cocaine smuggled into the United States at the height of his career, turning over US $21.9 billion a year in personal income. He was often called "The King of Cocaine" and was the wealthiest criminal in history, with an estimated known net worth of US $30 billion by the early 1990s (equivalent to about $56 billion as of 2017), making him one of the richest men in the world in his prime.
Escobar was born in Rionegro, Colombia and grew up in nearby Medellín.

Ayn Rand supported UBI.

She also thought it was a good thing to steal land from the "unproductive" natives, and that you shouldn't let the health of environment or others beings stop you in the pursuit of your egotistic goals

Also, also. I didn't find any source supporting your claim about her supporting UBI, but I found several quotes from Ayn Rand admirers suggesting she opposing it, this being the only one adding a reference:

"She strongly opposed such programs when they were proposed by Nixon (in 1969) and McGovern (in 1972).

For details and references see A Companion to Ayn Rand ch. 15, pp. 238, 365, 379, 392 n. 53, and 399 n.11."

Well he's right but staying home for now ain't the solution, we need to keep going for the job until there won't be work anymore and once there ain't work anymore, we will have to face cryptocurrencies and invest. Not only money but also our time and live with çryptos

Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.

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