Free Money for Everyone Sounds Great, But Finland Proves Basic Income is a Bust

Universal basic income experiments and other plans that seek to distribute free money seem wonderful considering so many people struggle to make ends meet because of their limited incomes. In the U.S., many legislators have called for federal and or/state governments to trial these economic policies. One recent proposal actually calls for people to receive money from the government even if they are unwilling to work! As lawmakers and supporters champion such ideas, it would behoove them to look beyond the U.S. border to countries who have already taken a stab at basic income. Finland took up the effort, and the

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Help spread Lightning Adoption by using the LNtipbot. It works great.

The Bitcoin Lighting network has been up and running on mainnet for almost a year. There are over 16000 lightning channels open today. (https://p2sh.info/dashboard/db/lightning-network?orgId=1).

Have you tried it?

Some people are too lazy to give it a try. Give them an incentive by sending some bitcoin over the Lightning Network using the lntipbot.

You can find instructions here;

https://www.reddit.com/r/lntipbot/wiki/index

The more people giving tips the more likely someone is to setup a LN wallet and join the network – Either as a way to withdraw or to add to their balance and pass on the favor.

There are over 1 million r/bitcoin subscribers. If only 10% were encouraged to open a lighting channel the network would grow substantially.

These type of micro transactions are the perfect use case for Lighting. [Near] free and instant medium of exchange.

If your interested in setting up a Lightning wallet, but don't have much technical knowledge (like me) try the Bitcoin Lighting App for Android (https://play.google.com/store/apps/details?id=com.lightning.walletapp&hl=en_US).

This app supports sending and receiving Lighting payments. Receiving requires some spare capacity in a channel.

It would be awesome if we could get this implemented on some other crypto subs to help spread awareness.

thanks u/drmoore718 for the great work.

submitted by /u/Fly115
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