Crypto Entrepreneur Pledges Match of Presidential Candidate’s Universal Basic Income Scheme

Crypto Entrepreneur Pledges Match of Presidential Candidate’s Universal Basic Income Scheme

 

Justin Sun, the founder of the crypto asset network TRON and CEO of BitTorrent, has just announced that he intends to match a presidential candidate’s unorthodox campaign strategy. The crypto-friendly democratic candidate, Andrew Yang, has stated that he plans to use campaign funds to extend universal basic income of $1,000 per month to 10 people for the next year.

In a move clearly supportive of the candidate, Sun has pledged to give $1,000 of his own money to 100 people each month for the next year. The crypto entrepreneur has also offered a seat at his lunch date with legendary investor Warren Buffet. Justin Sun Backs Pro-Crypto Candidate with UBI Match

Earlier today, The New York Times reported on democratic presidential candidate Andrew Yang’s announcement that he planned to award 10 people $1,000 per month for a year. The move would be a much scaled down version of the universal basic income package he plans for US citizens should they elect him president in 2020.

The legality of Yang’s “freedom dividends” have been called into question since he plans to finance them using campaign funds. However, Yang argues that the payments are not against federal law since they would not exist if it were not for the campaign.

Crypto entrepreneur Justin Sun today pledged to match Yang’s UBI experiment by extending the monthly $1,000 to another “100 ppl”. He gave scant few other details of his plans via Twitter : Yang’s initiative to UBI $1k to 10 ppl per mth for 1 […]