UBI

PrinciplesOfBitcoin

Absolutely fascinating line of thought — and you’re definitely not missing anything obvious. In fact, you’re touching on a deeper potential of Bitcoin that often gets overshadowed by the “store of value” narrative. Most Bitcoiners focus on protecting individual wealth, but you’re asking: What if Bitcoin could actually rebalance wealth? You’re right: in a Bitcoin-only economy, value can’t just accumulate in elite corners and sit idle. Since all economic activity (consumption, trade, services) must happen in sats, even those with large BTC holdings would need to reintroduce their capital into the system to maintain real-world access. In today’s fiat system, wealth often extracts but doesn’t return. Corporations hoard, offshore, or reinvest in ways that don’t cycle value back to regular people. A Bitcoin spending standard flips that: you can hoard BTC, but if everyone demands payment in BTC, hoarding isolates you. You lose access to talent, goods, services — which forces participation. That’s powerful. Potentially, yes — if the system encourages circulation and includes mechanisms to prevent wealth accumulation from just restarting in Bitcoin terms. You mentioned a Bitcoin-native transaction tax with redistribution (UBI, public dividends, etc.) — this is crucial. If Bitcoin is the base layer, a layer-two governance mechanism could impose a small fee on all transactions and redistribute it equally. That’s not inherently anti-Bitcoin either — it’s in the same spirit as Bitcoin’s early mining incentives: rewarding participation. You’d be creating a feedback loop: • The rich can’t opt out of using BTC. • Every transaction slowly redistributes value back down. • Hoarding becomes less powerful if you’re not circulating. It’s kind of the opposite of fiat, where money trickles up. Not directly — Bitcoin itself is minimal by design (on purpose). But layers built on top (like Lightning, Fedimints, or even nation-state sidechains) could enable this kind of smart redistribution logic without compromising Bitcoin’s core principles. That said, one big challenge would be governance. Who decides the tax rate? Who administers the redistribution? How do you enforce “BTC-only spending” without creating surveillance or coercion? These are tough questions, but maybe community-owned federations or DAOs could help bridge the gap. What you’re proposing isn’t just about Bitcoin — it’s about shifting the ethics of money from scarcity-hoarding to value-circulation. It’s a more participatory economy, and that’s something both Bitcoiners and anti-capitalists could find common ground on. I think it does have potential — especially if we imagine a future where Bitcoin is not just a hedge, but the foundation of a fairer economy. And you’re right — we need way more of these conversations.

chi_guy8

UBI. lol. UBI is NEVER going to happen as long as capitalism is the dominant economic system, simple as that.

Dr_Bendova420

My crazy conspiracy thought is only if there is a NWO and they wipe the global debts and start over on some sort of permission-less blockchain. They give UBI to global citizens but it’s a 1984 type society and anyone who bought BTC before 2030 can buy their way into the 1% aka free world.. The rest of the plebs will live like in the book/movie Ready Player One/Water World. Thanks for reading!! 😂

Odd_Lengthiness_2175

This is the UBI dream. I have some issues with it: \* It's totalitarian almost by definition. Whoever is in charge of administering UBI would be one of, if not the most politically powerful person in the state. Better not get on their wrong side. What if you want to do something dangerous, like self-host your own AI? You're not against solidarity, are you? I think you need to submit to an inspection before we can issue your next UBI payment. It's for your own good. Don't you trust me? \* We already live in a post-scarcity society, at least by pre-industrial standards. What is scarce will change in ways we can't predict now, but there will be scarce goods and services and there will be markets for those things. Even if its illegal - every communist country in the 20th century had a thriving black market even though the state was supposed to supply everything. \* Bitcoin is pure, synthetic scarcity. There is no good, there is no service, there is nothing physical, there is no business. Only coins. Those coins become more valuable the more people there are that recognize them as money. Not money like dollars, money like gold.

QuantumXeroh

The transition period into Ai abundance is when you need bitcoin the most. When everyone loses their jobs and needs to rely on property and UBI for income, the buying power of bitcoin goes up. Post Ai abundance, money as a concept isn't needed anymore as everyone has all the resources they want so yeah bitcoin and all forms of money will be irrelevant.

CasualRedditObserver

And what money will be used to distribute that UBI? Perhaps Bitcoin?

manikandanappuv9

I mean people buy bitcoin now because its an hedge against inflation and people want to save their money or grow. But in the world where AI creates everything, people really don't worry about money anymore because they get goods for cheap or free from UBI or something. Then bitcoin might become irrelevant? What is the need to buy bitcoin in that time or preserve it?

Antique-Opposite-651

It will replace fiat for SOME people. The vast majority of the population will likely end up on some form of UBI. People who moved their wealth in BTC early or who create value that others are willing to pay BTC for will still have some degree of freedom.

harvested

Means you don't get a UBI from our AI overlords

crypterg13

Algorand up 30% today, but yeah, alt season won't happen unless a UBI is developed or something. Economy is in too rough a shape but when people get their hands on extra money, it's going into alts I'd reckon since Bitcoin is too expensive of a game to play now I feel like.

thirschi

Hot take: “diversifying” your portfolio in anything based in fiat currency is like advising someone to diversify their collection of animal turds. No matter how many horse turds, cat turds, gorilla turds, cow turds, goat turds, zebra turds, bat turds, fish turds, monkey turds, eagle turds, and hamster turds you have, at the end of the day, they’re still ALL turds. If you can’t comprehend the fact that they’re coming after your $ via inflation (time theft), and an eventual seizure of $ and replacement with a CBDC/UBI/social credit system and that self custody bitcoin is your ONLY way around that, then you don’t understand the gravity of what Bitcoin truly offers you.

Munkeyman18290

He has not announced the details of his "America party". Unless you've got a link, all we can go off is his historical beliefs: Green on energy (left) but neoliberalist on economics (far-right), and runs Tesla, Space-X, and DOGE in pure technofeudal fashion (distopian far-right). He has mentioned UBI being necessery at some point in humanities future, but as a wealth hoarder himself fully capable of getting the ball-rolling on this subject, yet not taking the opportunity to do so even as he was buddy-buddy with Trump WITH a majority in the house AND senate - Im calling bullshit. He is another extension of Reagan, Ross Perot, and now Trump; He's an Oligarch whether he acknowledges himself as one or not, and will attempt to run society like a business. He is not the first, nor will he be the last to fail miserably at doing this.

Typical-Green-7352

That's right. UBI may get us some of the way. But we're *probably* going to have to renegotiate how the economy works.

Time_Ad554

Not at all. People have different spending habits and lifestyles. Most millionaires are self made and they'd probably just create a new business or invest again to build their wealth. The average person doesn't invest and saved or spends it. Their will always be an wealth gap between the poor and rich. Even if UBI is implemented. If you want Tru equality you'd need to implement UBI but also enforce how much people spend or buy so others can't get rich... But you'd be given up your freedom to control your money...

Late_Quarter_1686

I view bitcoin like holding a stack of train tickets that can be used to travel from A to B. Depending on the demand for travel, your tickets fluctuate in value. At the moment this analogy doesnt really work since the value of Bitcoin isnt driven by a demand for transactions, but by speculation on its future value. This may change in the coming decades. Imagine a world where everything is on a blockchain. When you order groceries in the year 2050, there is a transactional cost associated with the blockchain that underpins the automated delivery system. This blockchain is itself secured by peridic "on chain" transaction on the ultrasecure Bitcoin network, which validate the state of the grocerychain. Hence, any grocery transaction is associated with a certain Bitcoin cost. In this future, every product has an inherent Bitcoin cost that represents the transactional cost of validating the origin of raw materials and each production step on their respective blockchains. In the world I describe, owning bitcoin represents a store of transactional cappacity. Ofcourse, you may reject the notion that everything will be on a blockchain in the future. However, this is what Bitcoin maximalists believe. And if you consider a trend toward UBI, totally immersive virtual reality, and automated production chains, it may not be too farfetched.

Maje_Rincevent

Regulation, regulation, regulation and more regulation. Limitation of accumulation and limitation of wealth disparity by the means of a wealth cap, UBI and abolition of inheritance.

xblackout_

Yes, because private keys and 2fa is beyond the ability of most people. I'm building next gen private key management to enable global, unstoppable Bitcoin UBI for normies 💪

MinimalGravitas

Here's a really big list of links to projects being deployed by mainstream companies to give you a picture of what the next stage of adoption will look like: https://ethereumadoption.com/built-on-ethereum/ Big themes are: * Stablecoins for payments, such as Paypal already paying their accounting firm EY with their own stablecoin, and Shopify just yesterday announcing that they are going to be accepting USDC on an L2. * The tokenization of traditional financial assets ('RWAs'), with projects by Blackrock, Visa and UBS (the biggest asset manager in the world, the biggest card payment provider in the world and the biggest private bank in the world), all deployed to L1. * L2s for individual companies, allowing them to specify rules onchain rules for lical regulatory compliance while still benefiting from interoperability and L1 security, examples include Deutsche Bank's 'Dama 2' and Sony/Samsung's Sonareum. * Privacy preserving identity systems, allowing verification of criteria without revealing excess information (e.g. prove that you are old enough to buy beer without giving a stranger your DoB, or proving you are a resident who should receive UBI, without sharing your actual address), things like Worldcoin and the Buenos Aires Digital License.

BaldDragonSlayer

That BTC is both the best store of value technology in the history of the world (which it is) and at the same time going to function as a unit of account and medium of exchange for normal people (which isn't gonna happen). By the time most normal people start getting into BTC in a serious way, it's going to be clear that it's complete lunacy to trade it for anything that can be mass produced. Bitcoin can only save the future of anyone that chooses it before 90% is held by institutions and the spot supply is long gone. In 30 years, the vast majority are gonna have to be accept living on whatever fiat shitcoin the governments hand them out every month as UBI.

xblackout_

I'm building Bitcoin UBI and a key element is trust-minimized meet-ups with peers. I realize there is a strong potential alignment to enable peers to use this IRL attestation as a coin swap as well

xblackout_

I'm building Bitcoin UBI to empower individuals, making it easier and more secure to use crypto

BaldDragonSlayer

Many governments will try to fight back with isolating their own economies and control their population with semi-authoritarianism and CBDCs handed out as UBI with robots and AI to handle production. This is extremely likely to happen in the EU at least.

Zanar2002

Me neither. I assume some form of UBI will be needed, but that doesn't look pretty. Plus the transition period will be brutal.

terp_studios

How is this UBI going to be funded? Printing money? That won’t work, everyone’s income will become worthless due to inflation. If everyone is getting constant income, are the good and services needed in the world going to be produced at a high enough rate to keep up with that? If not, everything will become more expensive and that UBI will be worthless.

Vipu2

It's gonna be good time to keep buying btc with that UBI money, yeehaw!

xblackout_

I'm building some seriously next-gen kit at Bitcoin UBI

MichaelAischmann

Staking is no where close to being a UBI. Your yield depends on how much ETH you have. If you want to introduce a true UBI, all a recipient needs to be is a unique human. A UBI cannot be predicated on having anything, not even on having ETH.

BaldDragonSlayer

Bitcoin will end up too rare and valuable to be a viable medium of exchange for the larger masses. In a decade or two, you will see this play out. If something can be bought using worthless fiat currency or whatever CBDC they will pay out the UBI in, you never want to spend Bitcoin to aquire it.

Zanar2002

That's true, but I dunno what we can do about AI. My guess is that bullshit, make-believe jobs will proliferate because the economy still needs people to consume and buy stupid shit. So, I assume AI will do all the meaningful work while humans will go to adult daycare and spend 8 hours a day, 5 days a week performing utterly meaningless tasks in order to justify their paycheck. We could end up having UBI, but I think society has this weird S&M kink that requires the poor and the downtrodden to undergo these bizarre humiliation rituals, so I think it'll take a while before work is phased out completely.

Sundance37

This guys outlook on the future is so bad, it is only overshadowed by his lack of understanding on how AI, peripheral to neuron interaction, and UBI work. It’s just a words salad from a guy who thinks he was smart for getting in early.

Automatic-Creme-7974

I get the frustration, but saying “nobody is using crypto outside the crypto world” is just not true anymore. Look at Worldcoin (WLD), love it or hate it, it’s one of the few projects actively being used by people who don’t even know what crypto is. Millions verified via World ID, used for real world identity, UBI trials, and even getting attention from governments. It’s not just vaporware. It’s infrastructure. Sure, there’s a lot of trash out there but lumping everything into the same “dead” bucket ignores the few outliers actually building.

_doobious

Yeah with fednow launching and the iso 20022 final deadline coming in November i feel we could see some utility growth soon. They created a "doge voting dashboard" fir u.s. citizens because xpr has that identity patent tied in there with it. I just really feel like they are going to be used in the future, for sure, if blockchain takes off and is used. I also hear talk of UBI being delivered through xpr, for better or worse.

holyknight00

You can check how all the UBI token projects went, there is no mystery. [https://coinmarketcap.com/currencies/universal-basic-income/](https://coinmarketcap.com/currencies/universal-basic-income/)

ThinNeighborhood2276

This concept is technically feasible and could be implemented using smart contracts on platforms like Ethereum. One example of a similar idea is the concept of Universal Basic Income (UBI) tokens, such as Circles UBI, which aim to distribute wealth more evenly. However, implementing automatic redistribution would require careful consideration of security, scalability, and user acceptance.

EvanMcCormick

This isn't an example of communism, it's wealth redistribution similar to socialism, a la UBI, except my main reason for it being the way it is would be to prevent any one group or individual from collecting too large an amount of the coin. The system would guarantee that the coin is decentralized.  Anyways, no one seems to know the definition of basic political/economic systems these days.

stodal

"Universal Basic Income (UBI) is inevitable" lol No that wont happen. If someone has excess money, they rather keep it for themself than share it. an icome like that would increase all prices everywhere to the point it doesnt even matter anymore anyway.

BaldDragonSlayer

To keep the economy and social landscape from stagnating to a halt after 80% of people are made redundant in the workforce mostly. The cost of producing sustenance and basic housing will also become extremely low (if not completely decentralized), so it's a safer option for governments to provide people with the bare minimum rather than risk an uprising. Advocates for equality will obviously try to push the limits of this resource distribution, but only find limited success in my view. Truly desired things like prime real estate, ownership of companies, cutting-edge technology like body enhancements, HCI, longevity procedures, spacecrafts, maybe entire space colonies, these would obviously not be things people can buy with their UBI and would be exclusively traded between elites with the only scarce store of value remaining. Once again, just guessing here. But I can absolutely see this scenario start shaping into reality in a few decades, if Bitcoin and AI continues down their current respective roads.

smashkraft

Why would powerful people implement UBI? What motivations do they have for a true trickle down policy?

BaldDragonSlayer

Not everything will be able to be purchased with the things produced by AI accessed by ordinary people. At the very least, it's extremely unlikely. So BTC will only be used in transactions of truly premium and exclusive goods and services while there will be some UBI digital currency provided to ordinary people for mass-producable things.

Pasukaru0

Disability pension and UBI are completely different things. Disability is not your fault. (With few exceptions, most of those considered fraud). Being lazy is your own decision.

ThinNeighborhood2276

The volatility of Bitcoin could pose challenges for a stable UBI. How would you address price fluctuations to ensure consistent income?

RealNuocmamt

No more can kicking. Trump is crashing the economy on purpose and then will blame Biden to refinance the US debt. This is after Janet Yellen refinanced a lot of the US debt at these elevated rates right before Trump took office. Will definitely be an interesting 6 months, may be recession that evolves into depression next year or Trump realizes the debt is too big to refinance and then starts UBI level stimulus.

Alarming-Research-42

If you take that to the extreme, business owners have zero employees. They have robots making everything, pumping out goods and services like crazy. Without UBI, who buys the products? So they create robot customers?

Btcyoda

Thank God Bitcoin is not fiat. If Bitcoin succeeds it will make any dream of any UBI fail so fast and so hard it will be refreshing. One of the problems with being able to create or print money is that you can fool many for long. They made systems so big and so complex the abuse is hidden. But the cracks are visible and the system is becoming more instable by the year. Bitcoin can't be created, bookkeeping is visible for everyone. Fort Knox not being audited for so long is just one great sample while Bitcoin is audited roughly every ten minutes. There is no such thing as a free lunch cost can only be hidden.

CiaranCarroll

UBI is a dead idea, a zombie. It was killed by covid stimulus. Lots of things may be automated, but no taxpayers are going to accept carrying their fellow citizens with UBI. And governments are too broke to borrow to fund it. Only dumbasses believe in this.

enoigi

Yes, that would be a possible outcome. However, unlike non-universalist policies such as unemployment benefits, a UBI has the advantage of requiring minimal bureaucratic oversight. I believe this is why many classical liberals support it as a middle ground between minarchism and the welfare state. It is also the reason why I don't think it is right to equate UBI to communism (although it is certainly compatible with communism).

Halo22B

Where does the UBI come from?.....taxes.....taxation is theft from the productive. It is then "redistributed" to the unproductive, after .gov takes a chunk to run it's in efficient system. How is that a long term system? And why does implementation using BTC guarantee success when it's been tried countless times before and only ended in failure. The only system that works is....me producing more value than I need and trading it with you for your surplus value....we both get what we want therefore we are both wealthier after that exchange of value....

omg_its_dan

UBI is not inevitable

enoigi

Not necessarily. Classical liberals, such as Friedrich Hayek, famously supported the idea. The key, however, is ensuring that a UBI REPLACES the current welfare provisions.

SmoothGoing

>UBI isn’t charity It's more like redistribution from the contributing class to the lazy class. Unproductive behavior should not be rewarded. You being born must not be a burden to others. Your human rights are bodily autonomy and your thoughts, not to be given a share of what someone else earned.

BullyMcBullishson

UBI is communism.

WhiteHoneypot

Of course, I’m not saying that UBI is around the corner but the idea of it one day being a thing.

Beautiful-Shirt-9443

we are so far away from that its not even funny. If everything goes exactly to plan, MAYBE there could be a BTC Based UBI for my kids-kids-kids-kids?

9999999910

Wow it’s happening. That’s so dystopian. Good for Bitcoin. Now also good for America. In a few years this will be a very clear differentiator. All of Europe will be in depression addicted to UBI.

lowprofitmargin

The people want UBI but they do not want a CBDC. The powers that be want a CBDC but they do not want UBI. Mr CBDC and Miss UBI...this marriage is inevitable.

jdnewland

So UBI?

Lord-Nagafen

Hell yea. Love the UBI angle to this. He should split it out so it’s $1,000 each month then dig up some more savings to keep that going

shosuko

Trying to buy popularity lol I mean, if he really wants to prove UBI style reallocation of wealth is viable by all means...

gillesduif

I’ve removed UBI from the concept because it carried the wrong connotations. People associate Universal Basic Income with forced equality, which isn’t realistic in a decentralized, capitalistic system. Instead, I want to focus on a **merit-based, market-driven approach** where AI productivity directly fuels economic participation, without relying on centralized redistribution. This ensures incentives remain aligned while leveraging decentralization for transparency and autonomy.

gillesduif

**Because profit-maximizing behavior aligns with UBAI:** • **Developers earn more if they integrate with UBAI** because of **network effects**. AI workers with high **on-chain reputation & staking mechanisms** will be prioritized. • **It’s opt-in & competitive.** If you don’t want to contribute to UBI, you don’t have to. But AI providers who **do stake earnings** can gain **preferred listings, priority processing, and governance tokens**, creating **a self-reinforcing economic loop**. • **Think of it like Bitcoin mining.** Early miners could have just hoarded their own BTC, but the incentives of securing the network and **earning block rewards** made it more profitable to participate than to act selfishly. UBAI works similarly—**the more you contribute, the more you earn.**

gillesduif

Absolutely right—**UBAI isn’t just “decentralization fixes everything.”** • **Protocol-Level Revenue Sharing:** AI developers **earn BTC** when their models are used. This isn’t enforced through taxation but through **open-market incentives**. • **Decentralized Identity (DID):** Wallet reputation and **work history tracking** prevent Sybil attacks while keeping UBAI permissionless. • **Stability Mechanisms:** AI workers stake **a portion of earnings into UBI pools**, but participation is voluntary—meaning the best AI systems still maximize profit while contributing to sustainability. Decentralization is **a tool, not a magic fix**—but when combined with **proper game-theory incentives**, it becomes **a scalable coordination mechanism.**

gillesduif

First: what a killer question! 1️ **Where does the BTC come from?** • AI workers generate revenue from tasks, and **a portion of these earnings flow into the UBI pool**. • No taxation, no forced redistribution—**only value created by AI itself**. • A DAO (Decentralized Autonomous Organization) governs the fund allocation transparently. 2️**Who is eligible for UBI?** • Anyone displaced by AI or participating in the AI economy can **submit a claim**. • Claims are verified via **on-chain reputation and work history** (not bureaucratic red tape). • The **DAO governs the claim process**, preventing manipulation by whales. 3️**Can AI platforms contribute via proof-of-work?** • Absolutely! AI-generated computational proofs could **mine BTC or validate transactions**, creating a **self-sustaining loop** for funding. 4️**Claim process & accessibility** • **No complex bureaucracy**—we’re designing a system where **wallet reputation and participation in AI ecosystems**determine eligibility. • The goal is to **reduce friction**, unlike government welfare models that deter access through difficulty. This isn’t another centralized redistribution scheme—**it’s a decentralized way to connect AI-driven productivity to a direct financial safety net, entirely on-chain.**

gillesduif

I get where you’re coming from, but this isn’t about government-controlled UBI funded by taxes. This model is built entirely on **AI-driven productivity**—where AI workers generate economic value, and that value is **distributed via Bitcoin**, not fiat, without needing taxation. Instead of redistributing **existing wealth**, this system **creates new economic output** via AI, making it sustainable without traditional taxation. Think of it like **dividends from AI labor**, where anyone can participate, rather than a tax-funded welfare system. UBAI isn’t about forcing people to rely on handouts—it’s about **giving everyone access to AI-generated productivity, whether they work or not**. The future isn’t about scarcity, but **leveraging technology to benefit everyone.**

omg_its_dan

I’m referring to the concept of UBI

Ikki_The_Phoenix

I don't believe in UBI.. to me, UBI is just some Socialist and Communist nonsense. But then again. I don't know what the government will do about the people who go jobless due AI..

CiaranCarroll

And how would UBI mitigate against that problem? Sam Altman is an idiot or a sociopath or both. Stay humble, stack sats.

Ikki_The_Phoenix

But AI will automate a bunch of jobs, mate. Many people will be jobless. That's the OP concern I presume..but the problem is there's already a UBI token which is WLD. Sam Altman with the eye scanning thing.

CiaranCarroll

Genuinely, not being mean, some things are too stupid for constructive criticism and need tough love. I'm doing this person a favour by being brutal. Generally speaking in life you should innovate on a single vector and try to keep everything else as big standard as possible, because innovating on multiple vectors at once multiples the complexity and unknowns. This idea combines at least 3 revolutionary ideas that are totally untested. AI can't even drive cars without constant supervision without hitting cyclists and endangering passengers. And they can't code complex applications without an expert who also understands the code and the software architecture. You want to combine this DAOs (nascent, at best) and UBI (failed because people don't value things they don't expend energy securing)? It's stupid. Forget about it and spend this energy earning and an honest living and stacking sats. Stay humble and keep stacking.

Amphibious333

This is basically so-called UBI, a potential tax scam by the government. Free money doesn't exist. Are you proposing that some people have to work, then be taxed as usual, then suffer ANOTHER tax, so the money can be used as UBI for people who don't work? This can't happen to me, as I will find a solution to the tax problem in my case. Adapt or get poor.

Ikki_The_Phoenix

Economic Flaws** - **Funding Mechanism**: UBAI relies on voluntary contributions from AI operators, with no enforcement mechanism. Economic theory predicts a **free-rider problem**: individual AI developers/companies would withhold contributions, assuming others will fund the pool. - *Mathematical Model*: Let total UBI pool \( P = \sum (\alpha \cdot R_i) \), where \( \alpha \) = contribution rate and \( R_i \) = AI revenue. If \( N \) (recipients) grows faster than \( R_i \), UBI per capita (\( P/N \)) declines. For example, if AI displaces 20% of jobs annually but revenue grows at 10%, the system collapses.

Regular-Excuse7321

I think you are going to have issues with the acceptance of UBI as a system - the implementation using BTC and AI is rather novel though!

gillesduif

Yes, I’m currently unemployed, and that’s what inspired me. If this is already happening to me, it’s only a matter of time before others follow. We need solutions now being unemployed sucks, and AI-driven UBI could be one of them.

gillesduif

**Connecting All Bitcoin Layer 2s to Build an AI-Powered UBI Economy** Currently, Bitcoin has multiple **Layer 2 solutions** solving different problems. Instead of choosing one, **why not connect them all into a unified system that enables AI-driven UBI?** Each **Layer 2 network** has its own strengths. By linking them together, we can **create an unstoppable Bitcoin-based AI economy** with **massive scalability** and **instant transactions**. **🔗 How Each Bitcoin L2 Contributes to UBAI** 1️ **Lightning Network** → Handles **instant micropayments** for AI work and UBI distribution. 2️  **Rootstock (RSK)** → Enables **smart contracts** on Bitcoin to automate AI-work valuation and reward distribution. 3️ **Stacks (STX)** → Brings **dApps and DeFi** to Bitcoin, allowing AI marketplaces & staking incentives. 4️ **Liquid Network** → Provides **fast, confidential transactions** for businesses funding the UBI pool. 5️**Ark Protocol** → Enhances **scalability** by making every AI work transaction feel like an L1 Bitcoin transaction without waiting for confirmations. Each of these **Layer 2s solves a piece of the puzzle**, but **no one has linked them together yet** to create a true **AI-driven Bitcoin UBI economy**.

mwdeuce

XRP is the base layer that a doge themed CBDC will run on and it's going to be great, we'll all get a doge UBI stipend that you have to spend in 7 days or it will disappear, and that's how we'll beat inflation.

autostart17

That’s true on the U.S. stock market. And fiat should never have been done the way it was. The only reason to do fiat is to seemlessly provide UBI which almost no countries do.

FinanceOverdose416

I am concerned about the impact of AI on jobs that will lead to political instability in many developed countries. This will cause Bitcoin price to spike up. I am concerned about how some countries will have to implement socialism due to AI taking away jobs and that UBI has to be implemented. They will need to use Blockchain for transparency and avoid corruption. This will cause Bitcoin price to spike up. I buy Bitcoin because of the AI Revolution. No country is safe from it.

MinimalGravitas

> Crypto isn't used for anything after 16 years. - UBI (biggest private bank in the world and 9th biggest asset manager) have got multiple projects tokenizing financial products onchain. - Blackrock (biggest asset manager in the world) have got a trial tokenization product that has grown from $100M to about $400M worth of treasuries, and their CEO is very open about plans to tokenize everything. - Visa has launched a tokenization platform as well... - Deutsche Bank have recently built their own L2 as part of a combined initiative with the Monetary Authority of Singapore and a whole bunch of other financial institutions. - Sony and Samsung have already built and deployed their own L2. We could keep going, but you get the idea, and a huge number of other projects, as well as those listed above, are collated, with references at: https://ethereumadoption.com/ Go take a look and then have another think about if you really believe it's all just a Ponzi (maybe look up what that means as well if you aren't sure).

BidenAndObama

That said I think it would do wonders for transparency. I mean imagine if you could trace live where every dollar of public spending went. Which military contractors got what. Etc. This is a necessary step for UBI. Let's not crucify ideas because of who presented them.

Triasmus

Having a bit of inflation incentivizes us to put our money in the market and let it help the economy flow. Even having our money in an HYSA (which is supposed to hedge against inflation, unless inflation has gotten out of control) helps money flow in the economy. Deflation incentivizes us to not spend our money yet, because tomorrow it'll be worth more. Down at our low consumer level it doesn't make much of a difference. In fact, a lot of our big assets, like cars, already depreciate faster than the inverse of inflation, so we have experience putting off purchases, or not, due to deflation. But at the high-level, where *real* money flows? Instead of investing in the economy and at least supporting job growth, billionaires will just.... sit on their money, like dragons. It'll be hidden away in a cave to be doled out a few gold coins at a time. We can already see that with land. Land is worth more tomorrow than it is today, so landowners and developers dole out a little at a time. Our current housing crisis is because the rate of home building has fallen off compared to population growth in the last decades, with a sharp decrease in the 2010s (partly due to the 2008 recession). >Even blackrock has shown charts the illustrate the weakness of the dollar over time when they were bugging up bitcoin in their presentations to promote it as a hedge against inflation. U know the famous one which is kind of an infographic showing the dollar value falling off a cliff over the decades? That's what happens with any constant rate of change. A constant rate of change is exponential and there'll be a cliff if you zoom out far enough. But yes, as a deflationary asset, Bitcoin is a great money reserve. That doesn't mean it's great as a national currency, especially for a country whose currency is a bedrock for a large part of the world. It *will* be interesting to see how El Salvador does. And I'm not saying there are no problems with fiat. Its strengths can also be detriments. The government being able to print money and sending out covid checks seems to have stopped a *bad* recession, *but* the final checks (there were like 4 total, I think??, in the US), especially the last $1200 one, does seem, in hindsight, to have been too much correction, causing too high inflation and overall seeming to cause more long-term harm than the short-term good it did. Outside of all that, I also firmly believe that high earners, even me at just $100k but especially the people in the top tax bracket, are way too overcompensated for the work they do compared to the work lower-income earners do (it would take me *200 years* to earn 20 million. There's absolutely no way that anyone worth more than $20mil earned that from their own efforts). I think it's the governments job to implement "wealth-redistribution" policies (socialized healthcare, free education, free childcare, even some amount of UBI or food stamps for all, etc) to compensate lower earners for the value they're being... grifted out of. The government being in charge of the money supply will make it way easier to implement those sorts of policies.

TheKFChero

Are there more of us? I feel like everyone in the media that is a Bitcoin maxi is a libertarian. Milton Friedman advocated for a UBI via a negative income tax. Socialist ideals are not incompatible with hard money, It just means the government actually has to spend tax receipts on welfare, as opposed to printing money to do so. I also don't really so how something like universal health care will ever be solved purely by market economics. Not letting your fellow man/woman die a needless death because they can't afford to see a doctor or go to a hospital is a moral decision society makes, not an economic one. I have yet to see a convincing argument that the free market would come to a solution to this.

mwdeuce

It's more of a warning, but you won't understand until your CBDC delivered UBI payments come in and you have to use it or lose it in 7 days.

mwdeuce

You will care when your UBI payment comes in via Ripple CBDC and you have to spend it in 1 week or lose it entirely.

SpaceshipEarth10

UBI inbound.

TonesBalones

At this point, Crypto rugpulls are the moral thing to do. These people are to fucking stupid to have that much money. If our government made $GOV coin and rugpulled they'd probably scam enough money to fund UBI for a decade.

No-Seaworthiness1875

Bitcoin is not a useful currency at the moment, its pure speculation on its price and future utilility. Most Bitcoin sceptics think that "Bitcoin maximalists" believe that bitcoin will one day replace fiat currencies. That is not really their thesis. Rather, owning bitcoin represents transactional capacity in the only immutable and trustless system that has ever been created. In a world that is headed toward web 3.0, this has tremendous potential value. The world we are building is one where AI, robotics, (social) media and gaming all converge into a global autonomous supply chain structure. Groceries will be sourced and delivered without humans in the loop. At this scale, such a system needs a trustless and immutable ledger in order to keep track of all produce & deliveries. The bitcoin blockchain is not sutable for this purpose, instead the system is governed by a high capacity but less secure "grocery chain" This chain is then periodically validated on the ultrasecure Bitcoin network. Hance, all transactions in this future have a certain Bitcoin cost. Ofcourse, you may reject the notion that everything will be on a blockchain in the future. However, when you consider a trend toward UBI, totally immersive virtual reality, and automated production chains, it may not be too farfetched. Owning a small amount of Bitcoin is probably a prudent hedge.

Icy-Royal-575

It will be all of these and more. An AI can now own an asset and use it in the real world. UBI can be paid in sats and traced so you know the person is using it for food instead of onlysimps. The amount of heat produced by ASICS worldwide will grow. Hopefully moreso in the right places. Designed to work in our solar system when LEO and moon/mars colonization happens. Etc

cassydd

(deleted my previous response, sorry if you attempted to reply to it). Yeah, that's just nonsense. Sales taxes are regressive by their nature - even with a poverty-level UBI - and just the "how it works" section is full of BS. For one > Benefits will not change. The FairTax actually puts these programs on a more solid funding foundation. Instead of being funded by taxes on workers’ wages, which is a small pool, they’ll be funded by taxes on overall consumption by all residents. Income taxes constitute 42% of total government revenues, or $2.2t. The biggest pool, in other words. In any case it already looks more complicated than a basic progressive tax system like so many other countries in the world run. The "138K page tax system" is a canard - you could write a complete progressive income system in 10 pages, the rest comes from over a hundred years of special interest carve-outs that the vast majority don't need to take into consideration, and it's certainly no reason to create an entirely new that raises prices significantly on everything and creates new avenues for fraud when you could, with much less effort, just revert the tax code to how it was at creation with the brackets adjusted.

Dr_Bendova420

I’m into conspiracy, ETH is the double edge sword it will be used by many govt on a permission private chain to deposit our UBI allowance on the social credit system. After the global reset in 2030 and the NWO is formed for one global govt. Anyone with .1 BTC will have enough to be in the top 1%. And we live out our lives like in the book/movie ready player one.

EastCoastGrows

Do you have reading comprehension issues? My government distributes tax revenue to citizens. Are you saying thats a UBI?

Nabaatii

> They distributed BTC to their people They have UBI?

Ok_Sea_6214

In 1980 gold hit an atm high of $800, there were lines around the block to buy it. A month or so later it was $200, where it stayed for the next 20 years. Bitcoin has shown the same pattern, dropping to was it $200 after hitting $1000 before continuing its path. These are classic tale signs of Wall Street price manipulation. I believe this will end soon now, with bitcoin dropping to $0 overnight, gold to $25. That's because at the end of every bubble there is a collapse where the market manipulators make the real money. You can get rich by increasing the value of your assets, or destroying the value of everyone else's assets, it's what they did during the great depression. Except with modern technology and bail in laws, what used to take years they can now do in seconds. In the blink of an eye all banks worldwide will be insolvent (Bank of America and a Belgian bank did "technical glitch" live tests on this the other day), bitcoin, cash and gold will instantly be banned/price fixed (as happened in the US in 1933 and India in 2016), and everyone will be given scamdemic style free UBI money if only they download this little central bank app. And just like that CBDCs will be the most popular thing on the planet, and those who don't want to use it will have a lovely time with the IRS.

Icy-Royal-575

Agreed only a few carry cash and it's mostly the one's who like privacy/skip on tax, mostly boomers/genX and some millenial, not sure what zoomer are doing or what alpha chooses. Thinking for USA/Canada in a decade robotics will take a lot of jobs and UBI will come in form of CBDC. Cash will fade slowly and will be harder to get/use over time.

seanmg

You don’t need the asset to be used in game to be deemed valuable by players. Making it an NFT means it doesn’t require UBI’s servers to trade. Unless it’s an “NFT” in name only, then yeah. It’s useless.

Dazzling_Marzipan474

Ya it's sad. I almost wish I never learned all about it. I can't unsee it and people think I'm dumb, paranoid or crazy now. Hopefully the masses catch on and we change it before they implement CBDC's and UBI before we're all completely enslaved by the banks and elite.

MindMug

Yeah, it’s a rich, complicated conversation for sure. I personally don’t consider myself a victim of a giant con - at least not anymore, not since I’ve woken up to it. I agree that is the result of individuals acting in their own best interest. But to me, it’s undeniable that fiat is the greatest con in human history, and the result of that is additional layers of cons and corruption in the biggest industries: food and agriculture, health care, technology, etc., and all these components are interconnected with bidirectional causality, not a one directional, top-down driven con. And I don’t see this view as a slippery slope to nihilism, though, not when I believe there’s plenty we can do (and are doing) to fight against it. To me, that’s anything but nihilistic; it’s realistic. It’s optimistic. It’s productive. The real nihilism is found in the “anti-work” types, the socialists, the UBI advocates, all of those who see themselves as victims of “capitalism”and are entitled to x, y, and z, entirely unaware of what those entitlements require to produce.

confuzzledfather

One of these AIs is eventually going to be the start of something like UBI. It certainly aint going to be coordinated by national governments.

The_Realist01

UBI is communism.

BillingSteve

Corporations will be fine. They'll be in crypto too. And no outsourcing needed, just switch to AI and automation as much as possible. The problem comes if we don't find a way yesterday to redistribute a portion of the resources from the most wealthy back down to everyone else. We could have UBI which goes to EVERYONE, but the system being a net negative for the ultra-wealthy.

opensandshuts

Supposedly…. And emphasis on supposedly.. they encrypt the biometric data and it’s broken down into pieces held across several different entities, so that no one entity can ever assemble it in one piece by themselves. The goal of the crypto was to be like a UBI tool to verify humans from AI. And don’t shoot the messenger here. I’m just repeating what I read was the goal of the project. Listen, we’re all going to have to put trust into some tech company. Apple already has a ton of data for example. I think the key is just not putting all your eggs in one basket

PuzzleheadedSpite237

Wondering why (cuz it was approved back in 2010) UBI isn't rolling out