Universal Basic Income is not the panacea it's claimed to be.
UBI gives government more control over individuals' finances, especially those without independent means. Poverty is also the result of unfair taxation, where poor people face onerous taxes while receiving less and less in return, and the wealthy avoid tax at every turn. Or that it is difficult for people to be self-employed due to red tape favouring big business. UBI does not address those issues.
UBI also centralises control at the expense of local self-determination and community engagement.
Shallow dismissals are against HN Guidelines, https://news.ycombinator.com/newsguidelines.html
I don't think UBI will be enough. All existing debt needs to be erased as well. Otherwise, UBI means nothing if it all goes to repay old debt. If UBI is less than my mortgage, bills and other loan repayments, what good is it?