Crypto Altruists: Real-World Stories of Social & Environmental Impact with Web3 Episode 51 - GoodDollar - "The time for UBI is now." Using crypto to deliver a Universal Basic Income
In this episode, we welcome Jessica Salama, Community Lead at GoodDollar, a global movement to bring economic opportunity to all. GoodDollar is an anti-poverty protocol and DAO that creates an ongoing money flow of digital basic income that is given away to its members. GoodDollar leverages decentralized finance financial tools to align incentives between those with money and those in need, creating more growth and opportunity for all.
We discuss the synergies that exist between crypto and Universal Basic Income, how crypto can drive greater financial inclusion and economic empowerment, and why the time for UBI is now.
Five Key Takeaways
- The time for UBI is now. There is adequate wealth in the world to ensure everyone can live comfortably - UBI can help make this a reality
- With crypto, anyone with a phone can gain access to financial tools through DeFi
- Every web3 movement needs a solid community to thrive. GoodDollar’s community spans the globe and includes ambassadors, investors, UBI recipients, and more.
- To drive financial inclusion, it’s important to make it as easy as possible for individuals to get involved. GoodDollar offers an easy on-ramp to those who are new to web3 and have traditionally faced financial exclusion.
- Decentralization and web3 enable new opportunities to create “people-powered”, horizontal programs and services that are driven by the communities they serve.
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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.
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