An article from Greg Mannarino on "tokenization"This is a guy I follow on econommics here in the US. He recently reposted this short article and thought it relevant . While I may not subscribe to this fully... yet. It gives a glipse of the possibliity where this may lead. "If" true is this contrary to the very reasons I became a stacker in the first place. And while some are excited about this.. thing Cunningham is trying to do. I am not necessarily on board yet. The very reason Au is worth somthing is the proof of work in finding , getting it out of the ground, and refining it. And IMO tokenization circumvents this process. Just food for thought not fear mongering.
The New System has been entirely unmasked. It’s called TOKINIZATION; (a cross border, trans-world, easily convertible/transferrable mechanism), and EVERYTHING is going to become “tokenized.”
It is certainly no secret that those who control the world financial system have been for decades working towards a one world monetary system.
But what if I told you that this new one world system is going to involve much more than just currency?
Envision for a moment a mechanism where every single conceivable asset, including life itself, or life expectancy, which is also an asset, is reduced into a token. Well, I am here to reveal to you that this is exactly what IS going to happen.
The new trans-world/cross border system is going to involve EVERYTHING being tokenized, including everything that there is to know about YOU. Your past, present, and your future. Why is that important?
First, let’s dispel a great misunderstanding or myth. THERE IS NO ABSOLUTE RIGHT TO PRIVACY. The US Constitution does not mention a “right to privacy.” Several Amendments to the Constitution do IMPLY a right TO privacy, but again no fundamental right. YOU and everything about you can be “converted” into a tradable asset… YOU WILL BE TOKENIZED.
The new tokenized system is going to REPRESENT, (pay attention to the word represent), not just currency and other financial assets such as real estate, but ALL assets- including you, your past, what you have done, and even speculation on what you may do-including things like life expectancy, what you earn, what you potentially will earn in the future, what you buy, what you may buy, past illness, potential future illness, family history, what medications you take, what medications that you will potentially “need” in the future, your VAXX record, DNA, etc. Which means that this new token-based system, IN ITS ENTIRETY, will reduce/REPRESENT everything to a digital TRADABLE asset. Human life is going to become a tradable/cross-border convertible asset along with every manner of its associated derivatives.
Tokenization is simple, and incredibly cost effective. Tokenization eliminates the need for ANY asset to “be converted” into something else for transactions to take place anywhere in the world, (trans-world). This IS The Universal New World/One World System.
Currently The World Bank, The International Monetary Fund, and The Bank of International Settlements, are diligently working towards implementing this new entirely token-based cross-border/trans-world system which will be used to track, trace, log, monitor, market, control, consolidate, and reduce EVERYTHING into a token. A token which itself can be reduced to nothing more than “a thing serving as a digital representation of something else.”
And just when you thought that things could not possibly become even more bizarre than they already are…