Three trends that will create demand for an Unconditional Basic Income

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The digitization of our economy will bring with it a new generation of radical economic ideologies, of which Bitcoin is arguably the first.  For those with assets, technological savvy, and a sense of adventure, the state is the enemy and a cryptographic currency is the solution.  But for those more focused on the decline of the middle classes, the collapse of the entry-level jobs market, and the rise of free culture, the state is an ally, and the solution might look something like an unconditional basic income. Before I explain why this concept is going to be creeping into the political debate across the developed world, let me spell out how a system like this would look:

  • Every single adult member receives a weekly payment from the state, which is enough to live comfortably on.  The only condition is citizenship and/or residency.

  • You get the basic income whether or not…

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