An issue with Universal Basic Income that I haven't seen addressed is that it would become an annuity that people will find ways to borrow and spend against.
Thus degenerate or desperate recipients will just make purchases today against their "credit line" of future annuity payments. Not sure how you'd prevent this in practice.
Jameson Lopp
npub17u…wt4tp
2024-08-03 12:35:11
Author Public Key
npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tpPublished at
2024-08-03 12:35:11Event JSON
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