"If you read the white paper you'll not consider inflation as simple as you think. It talks about how more money printed doesn't translate into devaluing the dollar, contrary to your so called "common sense". If you bothered to read the investopedia article you'll see that theory is not supported by most economists"
That's argumentum ad populum if it's even correct, you may have been making a gross generalization. Besides, the Austrian school of economics makes a helluva lot more sense than whatever drivel is taught in school nowadays. Thomas Jefferson said it best: "Never spend your money before you have earned it." However, that's just common sense, or it should be anyhow.
Why don't you show me how it's done? I'll give you a bitcoin address, and you can send me a UBI. We'll try it out for a year or two and I'll get back to you with the results. Surely if you expect it to work on a grand scale, we can prove it on a smaller scale first, right? Watch the video below, it's anchored to a specific time. It seems our little debate can be summed up as a Monetarist vs. Keynesian view of the economy.
P.S. I'm not saying that I subscribe fully to monetarist theory, just the one aspect with respect to unchecked inflation.
RE: Andrew Yang's Siren Song of Free Money Will Cost You Dearly