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Arguably, they might never have made any money because they were being out-competed in many rural areas by alternative internet options, including regular broadband and cellular. The need for Loon was decreasing even before they had a major rollout of their technology.
I’m not sure I want this to happen. I’ll read the bill, but I’m not convinced they’ll do it right. For example, UBI is supposed to replace other need-based social programs such as disability, welfare programs, government housing, etc. The entire point is that the money from those programs, which collectively have quite a lot of waste, goes into UBI so everyone can participate in society on a more fair level.
For example, I have a neighbour who is on some kind of government assistance. He gets very little money, and his rent for an entire house is $105/mo. With UBI, he’d get a full basic income, but his housing would no longer be subsidized, removing the need for a public housing corporation known for being awful and wasting money.