How much is $318 billion in the scheme of things? It's a tiny fraction of the world's economic output. It's about equal to the $320 billion that Meta, Amazon, Alphabet and Microsoft collectively planned to spend on AI research and data center expansion in 2025 according to a report by CNBC early this year. And the researchers noted that it's far less than the 2.2% of global GDP that's spent on alcoholic beverages each year. Key Takeaways It would take $318 billion per year, or 0.3% of the world's economic o ...

The Marshall Islands recently used Stellar to pay universal basic income, testing whether crypto can stand in for basic banking. https://t.co/FBtiKfMpOY ...

Marshall Islands Test Crypto for Universal Basic Income as Cash and Banks Fall Short► https://t.co/LqSNJx0g3d https://t.co/LqSNJx0g3d ...

🔥 ADOPTION: Marshall Islands becomes the first country to distribute universal basic income (UBI) on-chain through USDM1 sovereign bonds on Stellar. https://t.co/nps9XdDsuW ...

🇲🇭 JUST IN: The Marshall Islands has launched the first on-chain universal basic income.The initiative is powered by the Stellar blockchain. https://t.co/8WGjr7lPWs ...

If AI is going to be that successful in building productivity, uh we've all know all the amazing things AI can do that currently you need a human being to do. It of necessity involves far fewer people actually in work. Capitalism without workers is a very difficult concept.Uh and if you want capitalism to work with democracy, capitalism with workers is not an easy thing to get a majority of the people to go along with. I'm being a British understatement there. There's no way people are going to work going t ...

Capital Markets & Investment Trends - Current capital markets privatize gains and socialize losses [1] - Over 95% of valuable companies remain private, excluding retail investors from top opportunities [1] - Equity can't scale to billions of holders, but tokens can [2] - Internet's liquidity layer will end the US markets monopoly on liquidity [2] - Internet Capital Markets are coming faster than people think [2] Blockchain & Tokenization - Public blockchains like Solana can make asset ownership trivial for anyone with a phone [1] - Reducing barriers for asset issuers and investors using internet-native infrastructure is key to UBO (Universal Basic Ownership) [1] - Crypto simplifies compliance [1] - Anything becomes an asset through tokenization (Spotify artists, DoorDash restaurant futures, Uber Riders) [2] Future Economic Models - Societies will move towards a UBI (Universal Basic Income) or UBO (Universal Basic Ownership) model [1] - The hard part (network, apps, demand) is built; the last piece is supply coming from capital markets going on the internet [2]

A new universal basic income experiment using cryptocurrency is underway in New York, where 160 young adults are being given $12,000 each no-strings-attached, paid straight into their blockchain wallet as part of a guaranteed-income study by Coinbase. https://t.co/6LbAxfJ9T5 ...

Disaster Recovery Challenges - Current disaster recovery systems disproportionately disadvantage those with fewer economic resources, accelerating displacement and potentially leading to a "land grab" by corporations [6][7][8] - Existing recovery processes often fail to meet fundamental needs, resulting in original residents being displaced from their communities [8] - Tenants and Black homeowners, particularly in West Altadena, face the highest risk of permanent displacement following disasters [9][10][13] Universal Design Approach to Disaster Recovery - Universal design focuses on designing recovery around people instead of property or profit, prioritizing the needs of the most vulnerable [8][15] - A universal design recovery necessitates directing resources and planning towards those most at risk of displacement [15][16] - Short-term strategies include a post-disaster universal basic income program and an insurance gap program to stabilize tenants and homeowners [17][18] - Medium-term strategies involve land banking through community land trusts, policy protections, and rebuilding that prioritizes residents' needs [19][20] - Long-term strategies emphasize community ownership and protections against gentrification and displacement [20][21] Call to Action - The report urges government, philanthropy, and community members to support a universal design approach to disaster recovery through advocacy, funding, and prioritizing the needs of the most vulnerable [21][22][23]

Industry Trend - The Marshall Islands is launching a universal basic income (UBI) program [1] Technological Implementation - The UBI program utilizes a digital wallet named Lomalo [1] - Payments are distributed in USDM1, a stablecoin pegged to the US dollar [1]