Students are supposed to graduate first and only then do they become responsible to start paying their loan back, once they get a nice paying job.
The problem is that in the future there won't be enough jobs for everyone, even if you got a university degree:https://eu.usatoday.com/story/money/2017/11/29/automation-could-kill-73-million-u-s-jobs-2030/899878001/
https://edition.cnn.com/2023/07/12/business/dukaan-ceo-layoffs-ai-chatbot/index.html
Most people do this mistake: they think that the future will be exactly like the past ("oh, my father/grandfather got a degree and then got a nice paying job, so I'll do the same!").
Who guarantees you that???
Of course the same applies to Bitcoin too! Who guarantees you that 4-year cycles (halving-induced bull runs) will be a thing until 2140? I expect a couple more cycles (2025, 2029), but after that the halving effect will be minimal, if any.
Some people may argue that new jobs will be created... sure, you can become an AI engineer and earn tons of money (300k/year).
But for every new job created, hundreds will be lost. That's a fact and it doesn't sound good for the -totally clueless- majority.
And what are you gonna do when the AI becomes so advanced (AGI level) that it will become an AI engineer of itself? Tech progress never stops.
"Oh, I'll probably retire by then, so it won't affect me!" Sure thing, pal...
Beware of the UBI idea: https://2020.yang2020.com/policies/the-freedom-dividend/
It may sound good in theory, but the road to hell is paved with good intentions.
Who told that the Elites will pay you forever, just to play video games, eat McDonalds and smoke crack? According to Harari, most people are "useless eaters".
It makes zero sense for the Elites to feed 8 billion people, even though they will need A LOT LESS thanks to AI/robot automation (yeah, it's the cold harsh truth that nobody wants to admit).
Don't be so gullible and better start thinking what you would do if you were in their position: would you feed so many people, just because it sounds "noble" and "humanitarian"?
The Elites are not humanitarian at all, I'm afraid...
UBI will be provided with CBDC, which means social credit score & carbon credits will become mandatory. Total control, enslavement, surveillance. There is no "free" lunch. Beware of the strings attached!