Jack Dorsey Gives $5M to Support UBI — Could Crypto Deliver it?
Cointelegraph
Published May 22, 2020 04:10AM ET
Updated May 22, 2020 05:40AM ET
Jack Dorsey, CEO of Twitter and mobile-payment platform Square (NYSE:SQ), is donating $5 million to Humanity Forward, a group launched by crypto-friendly former presidential candidate Andrew Yang, as part of both entrepreneurs’ efforts to establish universal basic income (UBI) for Americans.
Dorsey announced the plan on Yang’s podcast, Yang Speaks, on May 21, while discussing the future of technology. Dorsey told Yang that UBI was “long overdue,” saying “the only way that we can change policy is by experimenting and showing case studies of why this works.”
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Written By: Cointelegraph
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