Bitcoin's flirting with $104,000 (and analysts whispering about $150,000!) isn't just another headline for tech blogs. It’s a huge flashing neon sign — indeed, maybe the biggest we’ve ever seen in our lifetimes — called Universal Basic Income. You see the connection, right? Maybe not. Let me break it down. This isn't about investing in Bitcoin. It's about investing in people.
Wealth Creation, For Whom Exactly?
The market's doing the tango thanks to this U.S.-China tariff truce, and Bitcoin's leading the dance. S&P 500 futures are 1.1% higher, the dollar’s made significant gains, and even Ether, Solana, and XRP want in on this party. Who really benefits? The already wealthy, mostly. The hyper-rich who have the capital to work the system. What about the rest of us? The single mother who is working two jobs to survive. Whether it’s the recent graduate who’s burdened by debt or the worker who is under constant threat to his livelihood from automation. They read the headlines, perhaps experience a momentary spark of optimism, but then they’re mostly shut out. This is where UBI steps in. Finally, it’s about expanding the pie and ensuring the bakers don’t just control all of the pie. It’s the difference between keeping that rising tide lifting all boats — not only the yachts.
The Future of Work Is Uncertain
Let's not kid ourselves. Automation is coming for our jobs. This is no longer a question of “if,” but “when.” Retraining programs are a beautiful theory, for sure. In practice, they often fall flat, leaving too many underserved in our rapidly changing economy. Bitcoin, pushed upward by technology and global market displacement, is a great example of this breakneck change. UBI isn’t just another handout. It continues to be an essential safety net in our new economy where the 9-to-5 workday is quickly becoming a thing of the past. We empower communities with the tools, technology and training necessary. This is essential for them to be able to adapt, retrain and thrive in a landscape of rapid technological disruption. It's a foundational layer of economic security.
Unleashing Human Potential Is Key
Now picture a world where people don’t have to spend all their energy worrying about whether they can pay rent or feed their kids. What could they achieve? What problems could they solve? With a basic income, Americans can focus on what matters most — pursuing their passions. It allows them to launch new companies and deliver significant value to their neighborhoods. Just imagine the innovation that could be generated! The entrepreneurs who could launch game-changing startups! The artists who could create breathtaking works! The other volunteers that the Lord of the Harvest had already prepared! Bitcoin’s spectacular rally is a tribute to new avenues of wealth creation possible in today’s economy. Everyone can benefit from that potential with UBI, creating a more creative and innovative society.
Market Volatility Demands Economic Stabilizers
All of that said—it’s true, our Cryptoasset Sentiment Index is as high as it’s been since November 2024. Analysts are warning about a potential pullback. That's crypto for you – volatile. We must remember that volatility is not exclusive to the crypto market. Global trade tensions, recessions, or black swan events… they all add to the uncertainty. As an automatic stabilizer, UBI inherently goes farther. It injects money directly into the economy during downturns and provides a powerful, built-in buffer against economic shocks. It’s the kind of steady, predictable cash flow that gets everyone through the rough times and keeps the economic ship sailing.
Redistributing Wealth Is Not A Crime
This isn't about punishing success. It's about creating a fairer society. After all, if Bitcoin can rally on something as ethereal as a tariff truce. Now, think of the amazing things we could achieve if we invested directly in people! An equally small tax on these market booms can pay for big change. By earmarking that money for a UBI program, we can help millions live healthier, happier lives. It isn’t even the old Robin Hood trope of stealing from the rich to pay off the poor. It’s not so much about cutting off high earners or stopping job creation in high-cost areas. It’s not just smart policy, it’s the foundation of a just society where everyone has the chance to realize their full potential. While the recent agreement to reduce U.S. tariffs from 145% to 30% and Chinese tariffs from 125% to 10% is a promising step. It's not enough.
So, what can you do? Stop sitting on the sidelines and letting Bitcoin fly to the moon. Demand action. Contact your representatives. Support UBI initiatives. Support policies that redistribute wealth and build a more just, equitable society. Let’s make sure this next economic boom reaches all of our communities—not only those favored by the industrial policy architects. The time for UBI is now. Don't let this opportunity pass us by.
