Inquisitorsz

How are you planning on creating 6 million jobs? That sounds like a rather high number.

Funny thing is.... it's really not much different than the current forms of various welfare.
So your taxpayer money is already going to these "lazy people".

I bet those complaining about it, won't complain when they are receiving it.

That's the problem with the trials. They are small and localized and look like handouts. And ultimately, UBI only works when it's everywhere. You need to get the full savings of removing welfare costs and administration costs to get the full benefit.

Wouldn't doing this on private property solve most of the problems?

Seems like that's changed now.

They've been previewing their upcoming movie with Will Smith for over a month now.

It's like any currency really. There's not enough gold around to back the US dollar anymore. That ended in the 90s I think. But even then, you still kind of assume that gold has an inherent value.
It's useful in a lot of applications, but most people know it for being a shiny, expensive bit of jewelry.

Like most currencies, it's only really worth what someone else is willing to pay for it. The difference is normal currencies are backed by governments, banks and economies. So if a country/economy is doing well, that currency is safe and stable, thus becomes desirable. When it's desirable, people buy it and drive up the price (just like stock).

Now bitcoin and other crypto currencies don't have the same government/economic backing, but they have other benefits instead. The lack of trace-ability and the lack of government control/oversight are the main ones. Which is partially why they often get used for shady things. However there are obvious benefits to not having that government control over money. The way the currency is generated also has anti inflation measures built in. The longer time goes on, the rarer the currency becomes. Therefore you can't flood the market with digital cash or just go print more $100 bills. What this also means is that, in general, the more time goes on, the more it will be worth as people continue to hoard bitcoin and obtaining bitcoin becomes harder. That may even out eventually when it get's used more and more in normal circulation.

Ultimately it fluctuates just like any other currency, though cryptocurrencies do tend to be far more volatile. Some places are starting to accept bitcoin these days. It's becoming a bit easier to use, but it's still a hassle to obtain and store safely, especially for the less technically literate people.

Source: I mined litecoin for a while a few years ago. Paid off the GFX card I bought to mine it with in about 2 or 3 months (about $300). Never went any more serious than that.