2/ The Fed can only deal in two "currencies": banknotes and reserves that it creates. This is the only forms of central bank money.

#threadstorm 1/🧵 FedNow is about to go live and it is sending fear through many in cryptocurrency. For some reason people think this is a threat.

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5/ Ultimately, this will generate the resource necessary for the world to keep innovating.

4/ In this article we cover the 3 reasons why the tokenization of everything is the future.

3/ We have 3 reasons why tokenization is going to take place and make the real world more like the digital. Finance is undergoing an altering it has not seen before.

2/ There are valid reasons to believe the tokenization of everything is not only taking place but necessary.

#threadstorm 1/🧵 The tokenization of everything is taking place. We hear this a lot but what does it really mean? The internet repeats words that often make then meaningless.

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5/ Cryptocurrency is something that anyone can get involved with. Since it is tied to wallets and not accounts, one can simply get started.

4/ Wealth building entails being able to generate a return on more than just one's time. This is where most are excluded from the game to start.

3/ Speculation versus yield has always been a quandary for investors , having to choose between the two.

2/ It is something that is only starting yet there are more people involved than any country's population with the exception of India and China.

#threadstorm 1/🧵 Cryptocurrency is the first opportunity for many to acquire assets that have the potential to appreciate. This is not available to much of the world through tradfi.

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5/ Each piece of data that shows up on a decentralized platform is a counter balance to the centralized entities. We need to focus upon this just like people moved their money out of banks.

4/ This is crucial for the world going forward. If all the data is in the hands of Facebook and companies like that, it will not serve humanity well.

3/ This can be offset by decentralized databases. Hive is accessible to anyone who sets up an API. They can scrape the data without cost, unlike other entities.

2/ Major corporations are in control of the data. This is how we get the Skynet moment. When a few have their ability to generate advanced AI, we are looking at a problem.

#threadstorm 1/🧵 Decentralized data does not get talked about enough. It should be clear with the advancement of programs such as ChatGPT how important this is. Yet still hundreds of millions flock to