This week we are joined from Monaco by the founder of Krainer Analytics, Alex Krainer AKA, The Naked Hedgie.

The financial world is changing quickly. CBDC's, UBI, crypto and Ai have potentially massive consequences to how we live our lives. How can we avoid the forthcoming digital prison system?

Find Alex here:

Twitter - https://twitter.com/NakedHedgie

From the web:

Universal Basic Income (UBI) is a financial security program where a government provides its citizens with a regular, unconditional sum of money, regardless of their employment status or wealth. The key characteristics of UBI are:

• Universality: It is provided to all individuals without means testing.

The concept is designed to ensure that everyone has enough money to cover their basic needs, creating a safety net that could help to reduce poverty and inequality. Trials and discussions around UBI have been conducted in various countries to explore its potential benefits and challenges.

Supporters argue that UBI can simplify the welfare system, reduce poverty, and provide financial stability amidst disruptions like automation and economic crises. Critics, however, raise concerns about the cost of such a program and its potential to disincentivize work.

Central Bank Digital Currencies (CBDCs) are the digital form of a country’s fiat currency, issued by the nation’s central bank. Here’s a brief overview:

• Digital Form of Fiat Currency: CBDCs are a digital representation of a country’s official currency.

Countries around the world, including the UK, USA, China, and the EU, are exploring or have already implemented CBDCs to adapt to the increasing digitization of the financial system. They represent a significant step towards modernising the financial infrastructure and could potentially transform the way we think about money and banking.

#digitalprison #CBDC #UBI

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Producer Credits for Ep 326: 

Executive Producer - Mixtut

Producers - General Lee, Jonny Fogg, Aliyah

This week's artist - Helen

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Assets 326:

Egyptian Mummy: https://x.com/YouFuckingIdio9/status/1779979809008799747?t=Evt_3EFu8jp1zb2hZH4ISQ&s=09

Sparkling water: https://twitter.com/YouFuckingIdio9/status/1779192828477726983?t=nep-vWfyhSV_m337pABikg&s=19

Uncle Bosie: https://youtu.be/H5372IbojPM?si=LmmAhV__ZdK0MM6H

Cyber war: https://twitter.com/BGatesIsaPyscho/status/1781020096078450903?t=lX9NeajknCZ_xFC-aglAVw&s=19

Gymnastics is fake: https://twitter.com/Britishfinest21/status/1780593005571031120?t=UOG5MGxZ3oSREbEHUOnqQA&s=19

Tourettes McDonalds: https://youtu.be/1Fq3M8Pqqy8?si=ri2joU-_V4VbPIli

Doomsday bunker: https://metro.co.uk/2024/04/05/doomsdaiy-community-wants-people-live-575-bunkers-2-20585400/?ico=mosaic_weird

Police chief gets wrap: https://www.thesun.co.uk/news/27364187/married-police-chief-gross-misconduct-affair-rookie-cop/