Tag: Basic income

Universal Income May Grow the Economy in the Face of Automation

With the coming work revolution wherein many low skill and repetitive jobs will be replaced by machines or software, we need to start thinking about how to address the coming crisis. Massive unemployment would spell disaster for the United States and other economies worldwide. One potential solution is known as Universal Basic Income. The concept recently became even more attractive after a new study shined a favorable light upon it. The United States …
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Will The Swiss Basic Income Affect Bitcoin Adoption?

For quite some time now, there have been talks about Switzerland planning to give all of its citizens a basic income. Doing so would replace all other forms of income in the country, other than regular employment benefits. With every Swiss citizen receiving roughly US$2,500 per month, there is a lot of room for Bitcoin growth in the country. That is, assuming they see the need for this popular digital …
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What If Finland Were To Pay Out A Basic Income in Bitcoin?

Giving every citizen of a certain country a guaranteed minimum income seems like a dream come true. However, in order to achieve such a feat of strength, proper guidelines will have to be drafted and the economy needs to be relatively stable. Finland seems to have all of their ducks in a row, as the idea of giving every citizen 800 EUR per month is starting to take shape. Also …
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