Thesis: $UBI will always have different tokenomics from $BTC because of the way it’s obtained:
People trade fiat to get BTC and then hold it. There aren’t too many places to spend it and it doesn’t really matter. Eventually, they trade the BTC back for fiat as a speculation / investment strategy.
People receive UBI as a periodic income to spend on life expenses. And so, after receiving it, they trade it for Eth (and then to fiat) to pay their bills. In other words, the current system incentivizes a natural flight from UBI.
Because UBI’s use case is so different from BTC, we should not expect to see BTC-like speculation, holding, and appreciation. We need something else in the ecosystem to balance the natural flight from UBI. That something else is sources of demand.
To encourage people to hold on to their UBI and even trade Eth for UBI, there needs to be places to use it.
Idea 1: We create a fiverr.com clone which accepts UBI instead of fiat.
This would let people around the world trade their services for $UBI. In addition to creating demand for $UBI, this will enable people in faraway places to be entrepreneurial and sell services to others.
If they’re open to the idea, this would provide immediate benefits. It’d also be better to work with existing services than to compete with them.
This would enable existing online storefronts could integrate in order to accept UBI for payments.