Another problem is that it might devalue the currency. When most of it is given away, there's decreased competition for it, and thus its value in the market decreases.
> Another problem is that it might devalue the currency. When most of it is given away, there's decreased competition for it, and thus its value in the market decreases.
No proposed basic income would give away most of the currency in circulation as BI, which makes that argument somewhat irrelevant.