Making a poor Cointry Richer

Words
158
Reading
1 min
Listen
Play
6y

welfare breeds stagnation....

most people in poor countries rely on welfare projects from governments... work in these countries usually have poor wages... and a lot of the time people usually end up with less money if they take a job than to have welfare benefits...

then that brings us to the question of universal basic income... if each citizen is paid a certain amount each month (it has to be more than the welfare but less than taking a job) the citizens will have more spending powerIMG20200806WA0015.jpg

...

but what happens after years of printing and giving the money out... the money will become worthless due to inflation...

so i propose the idea of a universal basic income but instead of FIAT everyone gets paid in crypto... or you get taught how to use and trade crypto...

give a man a fish he eats for a day... teach him to fish and you feed him for a lifetime...

image.png

Making a poor Cointry Richer | Ecency