A German experiment has found that people are likely to continue working full-time even if they receive no-strings-attached universal basic income payments.
Archived version: https://archive.is/20250412140637/https://edition.cnn.com/2025/04/11/health/germany-universal-basic-income-study-intl-scli-wellness/index.html
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If everyone is getting it but only the poorer are using it, it most certainly has value.
Oh, so you’re putting unrealistic constraints on it. Then yes, it has value. But no, the rich are using it, too. And because for them it’s such a small amount, they’re extracting your UBI as well.