Venezuela - Universal Basic Income For All

8 Jan 2019 · 4 min
4:12

In this video, the speaker addresses the Venezuelan people, describing the country's recent economic crisis and the role cryptocurrency has played in alleviating some hardships, particularly the widespread use of Dash. He then introduces BitcoinMYK, a new cryptocurrency initiative that aims to provide a universal basic income (UBI) token to every adult worldwide, targeting roughly $1,000 USD in value per month. While acknowledging that the project is still in its early stages and the value goal has not yet been reached, he explains that the token can be traded on third‑party exchanges, exchanged for Dash and other cryptocurrencies, and accessed via a mobile wallet with zero transaction fees for users (the program covers fees). The speaker invites Venezuelans—and anyone facing similar economic challenges—to join the program, offering support through a website, live chat, and video comments, and ends with a heartfelt message of solidarity.

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