The Finance and Expenditure Committee of the New Zealand government held a meeting with the nation's central bank governors yesterday during which the country's central bankers admitted two things.
The financial implications of UBI are staggering; in the U.S., it could amount to an annual expenditure in the ballpark of $3 trillion.
If bitcoin, or any of the affinity scams created in its wake, strive to be pillars of the global economy at some point this century it is imperative that the boring, un-sexy things that people don't find particularly interesting are taken care of.
This type of repulsive and counterproductive discrimination needs to end.
When people can't save their hard work in a good money they will find themselves living lives filled with bad things.
Hopefully, the public will begin to have more serious conversations about this growing ethical dilemma.
