this post was submitted on 09 Jan 2024
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Showerthoughts

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Those seem incompatible to me.

(UBI means Universal Basic Income, giving everyone a basic income, for free)

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[–] [email protected] 2 points 8 months ago (1 children)

Yeah, if money = power, and everybody gets some from the government, I think that what the UBI is spent on will be controlled. You must spend it on basic needs or your account will be frozen.

My main worry is that UBI will be a Trojan Horse to control the spending of everyone receiving it, possibly through some central distribution system. That’s how I think the billionaires will fuck it up.

[–] [email protected] 3 points 8 months ago

That's why UBI should just be cash. No account, no card, nothing to trace or manage.