X @TylerD 🧙‍♂️

Initiative Overview - A new basic income pilot program is providing $12,000 in cryptocurrency to low-income New Yorkers [1] - The pilot aims to study how cryptocurrency can alleviate poverty and improve quality of life [1] - The initiative is funded by Coinbase [1] Industry Impact - The pilot program explores the potential of crypto-powered UBI (Universal Basic Income) [1] - The program is being conducted in New York City [1]