Thread by @scottsantens

Says the guy whose life strategy is literally letting the work of other people accrue to him by just buying and hodling crypto.

In the US we have a $21 trillion economy that we all make possible. Where's our staking income? Where's our stonk dividend? Where's our return on investment?

UBI isn't about money for nothing. It's ROI we are due as token holders with voting rights who pay taxes to burn USD.

But seriously, can we discuss how it's possible for anyone who supports crypto to be against income disconnected from work, when income disconnected from work is "living the dream?"

Why is it okay to earn passive income as a staker, but not as a holder of the US citizen token?

All of us are paying gas fees to help make the USD coin stable. Everytime we vote, we're participating in our DAO governance. We're all validators of the US economy, and each of us contributes to its code through division of labor. We're mining without getting paid our fee share.

Many cryptocurrencies have discovered what many corporations have already discovered, that it's wise to reward the owners of a currency or token. Staking interest is smart. Stock dividends are smart.

Basic income is smart too. It will create more USD users. It's good tokenomics.

Please note too that none if this is anything against crypto. I myself own multiple cryptocurrencies, and am earning interest off DeFi and staking. I'm just not clueless enough to believe my crypto gains have somehow been earned in the same way min wage earners earn their wages.

I also look at all the unpaid work going on, especially right now with even more care work going on at home than ever during a pandemic, and see that constant, unending, and extremely valuable to society hard work as far more deserving of passive income than my clicking "stake."