Except a lot of actual, very smart, economists are for UBI or similar arrangements (it's not a settled matter). And geohot might be smart, but he's just a self described hacker.
I think the problem is that a lot of the proponents are arguing for a level of UBI that is pretty close to the median wage whereas what would be affordable is probably a quarter of that.
I think the problem is that a lot of the proponents are arguing for a level of UBI that is pretty close to the median wage whereas what would be affordable is probably a quarter of that.