How do you guys feel about the idea of basic income given in a form of cryptocurrency?

Perhaps in third world countries coins like this can be quite substantial to the folks whom work for a measly 1$ a day. Receiving a basic income in coins that fluctuate in value for free at generous enough amounts could very much change their quality of lives.

I think it has the chance to work very well for the people of poorer countries. I believe in universal basic income simply because there should be no rich or poor. The wealthy few percentages of the entire population should not control the majority of the money, and the people all people should have what they need to survive.

For unaware folks check out these two attempts are creating a universal basic income for all people.

https://www.mannabase.com/
https://www.swiftdemand.com/