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RE: Is Cryptocurrency The Way To Achieve A Basic Income?

in #cryptocurrency7 years ago

Universal basic income, though sounds great it extemely difficult to achieve. Finland recently decided to scrap it after two years -

https://news.sky.com/story/finland-to-scrap-universal-basic-income-scheme-after-two-year-trial-11344735

Problem is not really related to accounting of money or how to release it - other demographic factors such as population, account surplus, immigration, growing or declining population and age.. and many other factors have a bigger role to play. Cryptocurrency cannot affect these factors.

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