Fintech & Blockchain

Imagine tokenizing everything in the world that has value and converting it to blockchain: things you own, things companies own, things governments own, the oceans, the forests, the animals, the air, and the entire environmental ecosphere. Estimates of value easily exceed $300 Trillion. Now imagine this as the currency base for sustainable development and all commercial activity.

As more people are dancing around the topic of Technocracy, more pieces of the puzzle fall into place. Personally, I take original Technocracy at its word: First, it is the "science of social engineering," and second, "there will be no place for politics, politicians, finance or financiers." Political systems will vanish in favor of Technocratic control. If there is no private property, finance and financiers will also disappear. This is the meaning of Klaus Schwab's "you will own nothing" and rent everything.

This editor has been forecasting for at least twenty years that the dollar is not the issue: It is the entire worldwide fiat system of all currencies. The dollar will not "crash and burn," as others have claimed. The CBCD system is poised to destroy all fiat paper systems in one fell swoop, and it will be sudden. Look for a financial shock to start the avalanche, and then look for a global bank holiday (i.e., Black Monday) lasting for a week or two, after which the new system will magically appear.

Farage is taking on the global bank cartel on two counts: De-banking based on political views and forcing cash out of society. Britain is the canary in the coal mine because the Bank of England is arguably the most powerful central bank in the world. BoE is pushing its member banks to crush opposition while taking over all monetary policies.