The Capital
Published in

The Capital

Universal Income Backed By The Blockchain?

Automation and AI will undermine repetitive procedural jobs in the coming years, so the need for a universal basic income may become more than a socialist fringe idea, but a necessity to prevent socio-economic chaos. But money doesn’t grow on trees so what can this income be based on?

--

--

--

A publishing platform for professionals in business, finance, and tech

Recommended from Medium

What is the trend of the times? Let ITGFX India lead you into a new era of foreign exchange

What If Economic Progress Is A Work In Progress?

India’s improvement in World Bank’s “Ease of doing Business” rankings.

Long Live the Upper Middle Class!

The Economist Riff of the Week: France

Guest blog — History of Co-operatives gives hope for our future

The Not-So-Surprising Truth About Which Skills Pay ‘The Most’ Per Hour

California Public Banks concept demonstrates solid lateral thinking

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Patrick Tan

Patrick Tan

CEO & General Counsel of Novum Alpha, a quantitative digital asset trading firm with regulated funds catering to accredited and institutional investors.

More from Medium

El Salvador Tourism Boosted by Bitcoin Legal Tender Adoption

Crypto Markets are Manipulated, what was your point?

How to Understand Volatility in the Crypto Marketplace

Is Crypto a Ponzi Scheme?