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RE: Universal Basic Income

in Hive SBI2 years ago

Its my study of UBI which brought me to Steem in the first place and as you write in your post, although we often complain about the social safety nets in place in our safe, Western world, you don;t need to travel far to see the horrendous conditions people have to endure when there is none.

As a huge advocate of SBI/HbI , it works well on so many levels. It's not 'money for nothing', you still have to produce content to trigger it and that content is lightly moderated. Holding SBI share is also a long term investment which hopefully keeps people returning to the platform as this is the only way they will benefit.

I also am a firm believer in the benefits of UBI in a wider sense, but I do find it difficult to work out a solution for abuse but there does need to be a point, as there should be in traditional welfare systems, where enough is enough and a line must be drawn regardless of the consequences and it is this that needs a strong constitution and conviction to apply.