Mike, thanks for sharing. It is great to hear more folks are opening up to this reality.

But I think the term UBI should be dropped, as it traditionally means wholesale charity, given by a central benefactor to the many.

What you are describing, decentralised crypto-fuelled wealth generation sounds more like UBP (Universal Basic Production), which is a means of equipping people to realise their own networked value.

Thus they are independent, no-one needs to come up with any cash to support them.

UBI comes from without, whereas UBP comes from within.

I don’t believe there is any place in such a system for even slightly profit seeking entities, except as far as an individual user node, but every individual in it has a very good possibility of making a very good living, and no-one will go without.

We can see this will produce a massive new wave of consumers with disposable income, which will give industry a much more lucrative (And honorable) market to do business with, rather than continuing mainly to chase meagre profits from supplying life necessities to poor folks at profit.

So everyone wins!

Solarpunk

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