It's an interesting debate.

As to how this could all be financed - it's not that there isn't the money out there. There are estimates that the Gross World Product/ World Gross Domestic Product (cumulative total of all Gross Domestic Products) is $127 trillion dollars. That's equivalent to $17,300 per person.

The trick is how can this be done without causing the small minority of people who control most of that money to start paying poor people to brutalise each other into giving up on getting a bigger slice of that pie.

I am amused also by people's reluctance to endorse government being involved in such schemes. On one hand, this is reasonable as democracy does not always function well, and many politicians are, at best, deeply mistaken in their beliefs.

On the other hand, would you trust Mark Zuckerberg to be in charge of your universal basic income? How about Jim Page or Charles Koch or Jeff Bezos? I'm not sure that I'd even trust @ned, despite his perfect hair and enthusiasm for SMT's. Just because governments are likely to make some mistakes, it does not automatically follow that businesses will do any better - hence the attraction of not-for-profit operations like mannacoin.