🇰🇷 South Korea is giving away money to everyone!
• Each resident will receive at least 150,000 won (≈ 110$)
• The money is given out in cash — no applications or conditions
• The goal is to support local trade in the regions
• Local shops will experience a surge in demand
• The approach is reminiscent of local incentives in Web3, but in fiat currency
💸 The economy through handouts — the idea is not new. But when one of the most technologically advanced countries does this, it’s worth paying attention.