Universal Basic Income – DIGIT INFO

World ID trolls Spotify with ‘Unwrapped’ privacy meme

DIGIT — Mon, 09 Dec 2024 18:33:23 +0000

World’s seemingly playful jab at Spotify comes as the firm faces scrutiny.

Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and Philanthropy

DIGIT — Wed, 24 Jul 2024 03:37:46 +0000

A multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of the beneficiaries, finding that most of the money was spent on basic needs. The study, which gave $45 million to thousands of Americans, also determined that the stipend increased the ability and willingness of recipients […]

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Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected

DIGIT — Sat, 08 Apr 2023 01:05:05 +0000

A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office in Thailand is concerned and has explained that the […]

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Iris Scanning Worldcoin Idea Fuels Objections From Privacy Advocates — Snowden Says ‘Don’t Catalog Eyeballs’

DIGIT — Mon, 25 Oct 2021 16:30:48 +0000

During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and […]

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Missouri mayor suggests giving residents up to $1K in Bitcoin

DIGIT — Fri, 20 Aug 2021 21:33:34 +0000

Jayson Stewart hinted Cool Valley residents could be required to HODL the funds for five years.

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The Problem With Painting Blockchain With a Crypto Brush

DIGIT — Wed, 21 Apr 2021 12:30:29 +0000

Blockchain’s underlying decentralized ledger technology has many practical applications, yet, the value of the technology itself has in practice become secondary to token capitalization. Speculation in Coins and Tokens Routinely Overshadows Promising Developments and Initiatives As major governments and central banks worldwide continue labeling bitcoin and its cohorts as means to engage in criminal activity, […]

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Etoro’s Gooddollar Basic Income Initiative Aims to Fund 1 Million New Users With New Referral Program

DIGIT — Tue, 09 Feb 2021 04:30:22 +0000

An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar project, following the launch of a brand new referral […]

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Project gives away 14M tokens in digital universal basic income experiment

DIGIT — Wed, 02 Dec 2020 13:45:00 +0000

GoodDollar believes that “digital basic income can work at scale, while effecting positive change on a global level.”

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$2K per Month for Every American: Andrew Yang Begs Congress to Pass Basic Income

DIGIT — Sun, 26 Apr 2020 19:05:08 +0000

While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal basic income (UBI) package through Congress, in order to give Americans in need a monthly check. This week, former U.S. […]

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Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents

DIGIT — Sun, 12 Apr 2020 13:15:32 +0000

Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they plan to “do it as soon as possible, so it can be […]

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