GoodDollar: can crypto be used for Universal Basic Income?

I’ve watched a fantastic YouTube video, or perhaps I should say a montage, highlighting four different views on UBI, Universal Basic Income.


Two of the pundits were for it and two were a bit more dubious but all four presented valid arguments and none, this is the best part, relied on political or ideological standpoints. They were simply weighing in the pros and cons.


In short, for those who aren’t familiar, UBI stands for Universal Basic Income, the idea that each individual should receive a basic income regardless of employment status.


I still don’t know where I stand on that because everything I hear sounds reasonable, and these conversations are always a lot more complicated than they seem. For example, some claim that UBI will be inevitable because technology will ‘automate’ a lot of people out of existence. Robots are already capable of doing a lot of the things we do but better, and they’re expendable.


They’re never tired, they don’t complain, don’t ask for a raise.


It is also true that it is statistically very likely that a small percentage of people would self-destruct if given the chance to do so with a ‘free meal’, which brings us on what is, in my view, the biggest flaw with UBI and it is that – so far, at least – it hasn’t really worked very well in all those geographies where it’s been implemented.


UBI was introduced in the country I was born about three years and so far it’s been a complete disaster. But that’s a different conversation for a different day.


The biggest issue is it incentivise people to stay home and not work because why would you bust your a*s for a meagre pay day when you get nearly the same amount doing nothing.


But that’s FIAT UBI, what about crypto UBI?


I came across a project called GoodDollar because a friend and (technically) former colleague is working at the company and I’ve been using for a few months. I still don’t know where it can go, but I think the use case is worth talking about.


Very easy. You just log in every day and click ‘claim’, and you link your MetaMask to redeem the token.


Crypto is a game that plays by its own rules and the dynamics of this world make it a bit easier to distribute UBI, with all the benefits that come with it, while drastically reducing the drawbacks.


Will it work?


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

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Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

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How much I made on FaucetCrypto (after two weeks)

The internet is awash with website called ‘faucet-something’ and even though most of them are a dud, I’m willing to give each and every one them a shot. One day, as I was randomly reading some of the posts here on Publish0x, I found a link to FaucetCrypto.com and started using it. Not even a day later, I’d already discovered a few features that made it more compelling than most rival websites.


It is a well-known, straightforward recipe: you receive points for completing tasks and you can then convert those points into crypto and cash out, at the time of writing, FaucetCrypto supports Bitcoin Cash, Bitcoin, Bittorrent, Dash, Digibyte, Dogecoin, Reddcoin, Ethereum Classic, Komodo, Litecoin, Piratecash, Pivx, Qtum, Ravencoin, Syscoin, Tron, Zcash and Horizen.*


The first thing I wanna mention is the low payout threshold, the equivalent of $0.10, and the payout commission is a fraction of a cent. I’d personally call that a big deal because most equivalent faucets have unrealistically high thresholds.


Secondly, you can count on a guaranteed number of tasks every single day, because it doesn’t rely on surveys (which I absolutely hate, but that’s my 2 cents), which means that every day you can log in, do stuff and earn crypto.


Thirdly, and this is also a key bullet point, the system allows you earn more as you go, because each task gives you what the website refers to as ‘experience points’, which allow you to proceed to the next level, and every time you get to a new level, every prize on the website is worth 0.125% more, and there’s no limit. So you could, in theory, 1000x your prizes.


So far, I’ve cashed out my coins 8 times: 3 times with Ravencoin for a total of 3.74 RVN and 5 times with Syscoin for a total of 2.37 SYS. Some of my friends think I’m an idiot and I’m wasting my time because that’s obviously not enough for a beer (well, it is for me, but that’s just because I live in an inexpensive country) but when it comes to cryptocurrencies I have a very simple strategy: accumulate, never sell and keep feeding my BTC balance every and any which way I can. It’s done pretty well so far.


*the list is regularly updated



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit Coinbase or Binance

Use this link to get free diamonds use my CoinmarketCap code

Join me on Publish0x, a website that PAYS you to tip creators (or to be one)

The harsh truth about being a content creator is that you always have to worry about monetisation. It’s a conversation no one wants to have but in order to continue doing the research it takes, the energy and time it takes to write, you need some form of economic aid.



The good news is the internet, especially WEB 3.0, gives you many opportunities to monetise content. The bad news is most of these opportunities pay peanuts.


I have found an interesting website, on which I’m going to be sharing some of the content I write here, as well as some new content. It’s called Publish0x and it pays you to tip creators you like.


There’s a pool of tokens and coins, including FARM, AMPLEFORTH, ETH and DAI, and what you do is you click on the ‘TIP’ button below an article you liked, and tip the creator, the cool thing is you actually get paid to tip. You can keep up to 80% of the tip, or give the creator up to 80% of the tip.


It’s completely free and setting up a new account takes a couple of minutes.



Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.


Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

Get free BTC using my Coinbase code

Get free diamonds using my CoinmarketCap code

Join me on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free

Sweatcoin app gives you FREE CRYPTO for walking, but what can you actually do with it?

I’ve been using Sweatcoin for about a month now, and I’ve accrued 379.48 sweatcoins at the time of writing. I did it with an average 8,501 steps every day.


My step count amounts to 256,476, which resulted in 206 coins generated, and I got the rest by doing two things every day: 1, you can use a 20-minute boost where every step is counted twice and 2, you can watch three videos every day, and after each video you receive a bonus, ranging from 0.30 to 1,000 sweatcoins. On average, I get about 3 sweatcoins a day from those.



So what can you actually use these sweatcoins for? There’s a range of items, digital and physical, that you can get for free or, more often than not, at a discounted price. Usually 50%.


So far, I’ve converted 15 sweatcoins to get +3 months of Apple Music for free and a 2-month subscription to Readly, which is a useful magazine aggregator (just about any magazine you can think of, just about any language).


At the time of writing, I could get some skincare and beauty products for free (30 sweatcoins), some bracelets (100 sweatcoins) and some discounts with Reebok.



Other digital and physical products are also available. The list is updated 5-7 times a week. There are also challenges and events you can join.


I’d always recommend apps like Sweatcoins, because even if you only saved $1 by using it, you’re basically doing something you’d be doing anyway.


The app is free and you can download on the App Store or Android Playstore



Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.


Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

Get free BTC using my Coinbase code

Get free diamonds using my CoinmarketCap code