People moralizing accepting the 12k from Coinbase are rich to the point of being out of touch, or dumb.
I'd take that money in a heartbeat.
They are already tracking most of my purchases with no way out. 12k buys a few rent/mortgage payments, which are already tracked out the ass for sure.
I can happily still buy my copies of anarchist cookbook and weed through the regular untraceable methods. Meanwhile I'm 12k richer and they didn't learn shit they didn't already know.
Malicious Compliance is a valuable tool for dissidents. Use it.
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Idk what youre talking about but if you know someone who doesnt want 12k ill happily take it off their hands.
The phrase "12k from Coinbase" most commonly refers to a recent $12,000 cryptocurrency universal basic income (UBI) pilot program funded by Coinbase for low-income New Yorkers.
I just googled 12k from coinbase
This is the correct answer. People are making a stink about the USDC being traceable. The dollar is already usually digital and traced.
one can withdraw the cash at an ATM, can they?
Wait til they pump it and claim everyone owes cap gains
Oh no, I only get 8k free for doing nothing after taxes.
They are using a dollar pegged stablecoin so no cap gains because that shit will never gain value against anything worth holding.
Wait 12k for what? What happened to coinbase?
Coinbase is doing a pilot UBI program in new York. Free USDC.
And who gets it?
Low income new York residents. Not sure if it is statewide or just the city.
Oh yeah this country is doing UBI for sure lol Soviet states of America
Every UBI program has shown benefits for the recipients. Every benefit shown is a direct result of them being less poor.
Somehow it never occurs to them if just stopped robbing us blind with taxes and inflation it would show the same benefits. Nope. Their solution is to rob us even more.
Because the middleman doesn’t get a cut