Universal Basic Income
X / UBI
UNIVERSAL BASIC INCOME
now the distribution is onchain.
Lyi47medADEVDd5hxJo1mbxhnBct841sFpcGRyHTuwp85% of trading fees on this 4% pool are paid to $UBI holders in USDC. Holders with at least $20 of $UBI receive payouts automatically. Fees collect in a pot and pay out when the pot reaches 0.1% of market cap for market caps between $125K and $25M.
— of ~— threshold
People have been saying the quiet part for years. The distribution just moved onchain.
Elon Musk@elonmuskAs a reminder, I’m in favor of universal basic income
Elon Musk@elonmuskUniversal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI.
Sam Altman@samaBasic income is not socialism. Basic income provides a floor, and then people can get as rich as they want.
Andrew Yang@AndrewYangAll paths lead to Universal Basic Income.
This idea has been argued for more than two centuries. People from very different politics kept arriving at the same place: a regular payment that does not depend on a job interview.
THE FIRST DIVIDEND
AN INCOME FLOOR
THE CASE FOR DIGNITY
FROM THEORY TO EVIDENCE
THE AUTOMATION QUESTION
BEYOND ECONOMICS
CASH, WITHOUT CONDITIONS
THE AI ERA
THE ONCHAIN CHAPTER
Earlier versions looked to governments and institutions. $UBI explores distribution through a different mechanism: trading fees paid to token holders in USDC by StonkFun.
This website tells the story and points to the public record. It does not process payments.
Follow the payoutsLyi47medADEVDd5hxJo1mbxhnBct841sFpcGRyHTuwpSame idea. Their voices. Click a frame.
X / UBI
A recorded voice
Saying it out loud
Some kind of universal basic income
On basic income
Now coming to Canada