Why we need universal basic income
a. Technological unemployment
b. Reduction of poverty
c. Improvement of innovation and the economy
The implications of cryptocurrencies for basic incomes
a. Cryptocurrencies are superior to conventional currencies and will eventually replace the latter
b. Cryptocurrencies can enable better anonymity and can make tax evasion easier
c. Conventional tax revenues will therefore drop, which makes it harder to finance a universal basic income
Local basic incomes
a. Local basic incomes are those which are paid out within a city, region, nation, or group of nations
b. Land value taxes are suitable for introducing such local basic incomes
c. Conventional income and consumption taxes are not a sustainable, and should only be used in a transition period for financing local basic incomes
Global basic incomes
a. Since conventional currencies will be replaced by cryptocurrencies, global basic incomes should be paid in cryptocurrencies from the start.
b. Cryptocurencies can feature transaction taxes, which can be used for a global basic income
c. Cryptocurrences can also have integrated basic incomes
d. Global cap and dividend systems
Looking further
a. Universal prosperity as long term goal
b. Reputation driven voluntary taxes
c. Automated corporations as tax payers
Just seen this article on the BBC website. The Finnish government is considering a pilot project that would see the state pay people a basic income regardless of whether they work.
The article also mentions that the Dutch city of Utrecht is to experiment with basic income this autumn. Read more about this here.
With unemployment an increasing concern, four out of five Finns now are in favour of a basic income.
On the other hand, there are still old-fashioned comments like this out there, even though the article mentions that a basic income would increase the incentives to get a job:
The young especially might lose the motivation to look for a job, if it
was, say, €700 a month. That would be too much," she says.