GBI (Guaranteed Basic Income) will be provided to every citizen of the nation. How much will depend on the age of the citizen. Since every citizen has an ID card, and therefore a bank account, the GBI will be provided to the minor. Keep in mind, that there is no physical currency, so the only way a minor can use the money they receive is through the National ID card, and therefore the bank. While a parent can technically steal their child’s money, by law, extracting the money from the child’s bank account is to only cover the expenses for the child. In example, if an 8 year old has a cellular phone, then the parent will be allowed to use the child’s account to pay for that portion of the phone bill. To use the money for their personal purposes will be illegal and equates to fraud. The following GBI rates as applicable.
- 0-6: $100KaD
- 7-13: $250KaD
- 13-17: $500KaD
- 18+: $1,000KaD