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RE: Here's your chance to put your money where your heart is, literally. Go ahead and do it!

in #basicincome7 years ago

Gonna look into this. I can't see how this is better than investing in bitcoin though. Long term return on bitcoin is 160% a year....

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You miss the point, I think. The basic income crowd isn't looking to enhance your return on investment. Read their stuff, they say right up front they want those with more money to invest knowing full well they will get a negative return. If you're looking to improve your bottom line then basic income doesn't work for you. (Maybe that's why they need the government's guns to enforce it?)

That just makes it another tax. Great, I am always looking for ways to pay more tax.

I understand the basic income crowd. They want free money so they can stay home and play video games all day.