Impact of a Blockchain-based Universal Basic Income Pilot: The case of Circles UBI currency
Alessandro Longo, Teodoro Criscione, Julio Linares — Circles UBI is a blockchain-based Community Currency System (CCS) that has been active in Berlin (Germany) since October 2021. The Circles Coop, which launched the project in 2021, was shut down in December 2023. In this paper, we show the results of a survey carried out between October and November 2023. The responden
Universal basic income in a financial equilibrium
Kim Weston — Universal basic income (UBI) is a tax scheme that uniformly redistributes aggregate income amongst the entire population of an economy. We prove the existence of an equilibrium in a model that implements universal basic income. The economic agents choose the proportion of their time to work and earn wages that can be u
encointer -- Local Community Cryptocurrencies with Universal Basic Income
Alain Brenzikofer — Encointer proposes a blockchain platform for local community cryptocurrencies. Individuals can claim a universal basic income through issuance of fresh money. Money supply is kept in proportion to population size through the use of demurrage. Sybil attacks are prevented by regular, concurrent and randomized pseudonym k
Welfare Without Taxation - Autonomous production revenues for Universal Basic Income
Nell Watson, Doreen Bianca — In the face of shifting means of production from manual human labor to labor automation, one solution that stands out is the advancement of a Universal Basic Income, UBI to every citizen from the government with no strings attached. The proposal, however, has encountered sharp criticism from different quarters question