AIHacker Noonabout 14 hours ago
UBI Needs Automated Transaction Tax, Not Printing
7 min read
Elon Musk's UBI proposal fails without automated transaction math, per a proposed model. A uniform 5% clip on interbank settlements via RTGS and ISO 20022 would fund a $1,000 weekly dividend. This avoids inflation by redistributing existing money instead of printing new currency.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
