Suncho

9 ms·

31.
by Suncho 7y ago
Teach a man to fish and he'll fish for a lifetime. But give a man fish for a lifetime and he's free to do something worthwhile.
32.
by Suncho 7y ago
It's not supposed to be satire, no. I'm guessing you disagree with the article?
33.
by Suncho 7y ago
Yes. I don't mention this in the article, but UBI also allows the Fed to raise interest rates. We'll see mortgage rates increase if we get a high enough UBI.
34.
Universal Basic Income Fixes the Housing Market(medium.com)
4 points by Suncho 7y ago|2 comments
35.
The Unofficial Freedom Dividend FAQ(medium.com)
2 points by Suncho 8y ago|0 comments
36.
Money Does Not Circulate(greshm.org)
1 points by Suncho 8y ago|0 comments
37.
Poverty Is Optional(greshm.org)
14 points by Suncho 8y ago|0 comments
38.
by Suncho 8y ago
This is right. I'd just add that we're currently forcing most people to spend their time in ways that do not contribute to society. By giving people the freedom to spend their time how they choose, they'll at least have the
39.
by Suncho 8y ago
Yup. But there's no reason why we can't provide everyone the level of education that today can only be attained through an elite school.
40.
by Suncho 8y ago
The idea that a tax will prevent inflation is an intuition that a lot of people have, but it's not correct. If your basic income is going to cause inflation, then a tax is not going to help. What matters is the level of consumer spen
41.
by Suncho 8y ago
A basic income will only cause inflation if the amount is too high. The problem is that the economy won't produce what consumers don't have the money to buy. So we need a way of getting sufficient spending money to consumers to a
42.
by Suncho 8y ago
Is there a way to build character and the grit to succeed without forcing people into extreme poverty? Or a broader question is what do we want out of people? What values do we want them to have? What's the most efficient way to teac
43.
by Suncho 8y ago
Basic income solves the problem of how to get spending money to consumers. This is an important problem. If consumers don't have spending money, then the economy won't function properly. It is true that, in today's economy,
44.
Life Is Just a Game(greshm.org)
3 points by Suncho 8y ago|0 comments
45.
Inequality Is Not the Problem(greshm.org)
2 points by Suncho 8y ago|1 comments
46.
There's Only One Way to Pay for a Basic Income(greshm.org)
2 points by Suncho 8y ago|0 comments
47.
Andrew Yang: Almost Not Wrong(greshm.org)
1 points by Suncho 8y ago|0 comments
48.
The Wrong Thing to Tax Is Money(greshm.org)
1 points by Suncho 8y ago|0 comments
49.
Boston Basic Income Discussion #27: Silicon Valley(youtube.com)
3 points by Suncho 8y ago|0 comments
50.
Justice Is Overrated(greshm.org)
2 points by Suncho 8y ago|1 comments
51.
Why Basic Income Makes No Sense(greshm.org)
1 points by Suncho 8y ago|0 comments
52.
Basic Income Clichés(greshm.org)
4 points by Suncho 8y ago|0 comments
53.
by Suncho 8y ago
Are we sure that "jobs created" is something to be proud of? Fewer jobs is generally better. I'd rather see how many jobs they've eliminated, but that's probably hard to calculate. Or maybe value per employee. The
54.
We Are All Disabled(greshm.org)
1 points by Suncho 8y ago|0 comments
55.
by Suncho 8y ago
This is why Stellar probably doesn't count as a real "blockchain." It's also why Stellar is potentially a lot more useful than blockchain. You don't have to do proof of work, which is wasteful of resources by desi
56.
Tax Revenue Is Meaningless(greshm.org)
3 points by Suncho 8y ago|0 comments
57.
How I Cracked the Code on Basic Income(greshm.org)
2 points by Suncho 8y ago|0 comments
58.
by Suncho 8y ago
Hey! Our business model involves just directly giving money to our users. =)
59.
by Suncho 8y ago
You might be right that this is true for some startups. But it's also true that there are other startups that will keep going regardless of whether they get rejected by Startup School or YC proper. As a founder of a startup that would
60.
An Overview of Blockchain-Based Universal Basic Income Projects(usv.com)
2 points by Suncho 8y ago|0 comments

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