[chubot]

OK, well this is a good thing for YC to fund an experiment to test.

If given basic income, do people spend money on food and shelter, and plan out a good life, or do they live day-to-day and remain a burden on society?

This is why I think education, for example, comes before basic income. Without education, you can easily imagine people remaining homeless despite the income.

Of course some people will succeed and some won't -- the question is the ratio.

Some rich people are scrupulous; some rich people waste their money. I don't see any reason to believe that poor people are any different. I think we can still help those people with education, etc. without wasting taxpayer dollars. But how much would be "wasted" is of course an open question.