Coinbase will give 12,000 dollars in USDC cryptocurrency to 160 young Americans🥳🤷♂️🥶🥶🥶. The goal: to test the effectiveness of crypto donations to reduce poverty.
Coinbase is participating in a universal basic income program by the nonprofit organization GiveDirectly, which is accepting crypto donations for the first time. The company is testing the theory that "distributing money directly to people in need without dictating how it is spent is a more effective and efficient way to fight poverty".
-Is this a way to lower the unemployment rate in the world?
-What would you do with a donation of 12,000 dollars in USDC stablecoin?
your opinion please 😁
