RE: The Looming Inevitability of UBI: Will it Stagnate Wages or Unleash Dynamism?

If you are interested by UBI, i suggest you have a look at the Universal Dividend of the free currency:

Advantages and disadvantages of the Ğ1 free currency

Advantages:

• Economic freedom: Ğ1 is a free currency, which means it is not controlled by any government or central bank. This gives users more freedom and control over their money.
• Transparency: All Ğ1 transactions are recorded on a public ledger, which allows for complete transparency. This can help reduce fraud and corruption.
• Stability: Ğ1 is designed to be stable and resistant to inflation. This is because its quantity is limited and it is not linked to any underlying asset.
• Stimulating the local economy: Ğ1 can be used to support local businesses and stimulate the local economy. This is because it tends to stay in the local community longer, rather than being invested in speculative financial markets.
• Financial inclusion: Ğ1 is accessible to everyone, regardless of their financial situation. This can help reduce financial exclusion and empower marginalized people.

Disadvantages:

• Limited adoption: Ğ1 is still a relatively new currency and its adoption is still limited. This can make it difficult to use for everyday transactions.
• Volatility: The value of Ğ1 can be volatile, which may deter some users from using it.
• Lack of regulation: The lack of regulation can pose risks to users, such as fraud or money laundering.
• Difficulty of use: Using Ğ1 can be complex for some users, especially those who are not familiar with digital technologies.
• Limited compatibility: Ğ1 is not yet compatible with all merchants and services, which can limit its usefulness.

In summary, Ğ1 has both significant advantages and disadvantages. It is important to understand these well before deciding to use this currency.

It is also important to note that Ğ1 is an evolving project. The advantages and disadvantages may therefore change over time.

Here are some additional resources that you may find helpful:

• Ğ1 website: https://g1currency.org/?PagePrincipale

I hope this is helpful! Let me know if you have any other questions.