Then again it might be the largest magnet for "immigrants and illegals" in the history of the world. It'll be interesting to watch... against serious doubts, I hopes it works.
If a country is committed to giving out welfare, it's obvious that the basic income scheme is superior to what exists in such places as the United States. It's simply more efficient: more of the taxpayers' money ends up benefiting the poor, at the expense of government employees, contractors, experts, and lobbyists etc.
However, there is a fatal problem with words like "guaranteed" or "unconditional".
The amount must be up to the voters. And recipients must not be qualified to vote. It's an obvious conflict of interest! The Obama phone lady must be required to choose between a free phone and the franchise!