Why are we rapidly heading for abundance? What is it that changes things so much that we can completely transform our entire economy in, perhaps, less than a decade?
This is an answer that contains a few different pieces. One way to sum it up is that we are shifting towards "the creator economy".
Obviously, this is something that many people discuss yet it is really not in the way they talk about. In fact, it is something that is much bigger.
There is little doubt that cryptocurrency, in its many different forms, is changing how we operate. Digital ownership is now taking on new meaning with the introduction of these assets. No longer are we tied to a system which was established in the physical realm and is now trying to transform it into this one.
Here we see the paradigm shift which sets us on a totally different path.
Presently, the focus is upon traditional online content creation. People think social media to the degree of making videos or blog posts. Yet, when we step back, we see it fits into a much larger picture.
This is something that is not novel to anyone involved in cryptocurrency. Naturally, we are witnessing the "digitization" of money. Of course, one could make the case this was happening for decades since cash, i.e. physical money, is rarely used anymore.
However, this is just the tip of the iceberg. The digitization of money is more expansive that just transactions. Instead, it is the digitization of all asset classes. Over the next decade, we are likely to see most physical assets represented digitally. This means that it is has a host of characteristics not presently available. Suddenly, it will be liquid, able to be traded freely and near instantly. We can fractionalize it so ownership can be spread over thousands of people. Finally, the entire history from the point of digitization will be available, providing an ownership tree that all can follow.
We must keep in mind that digitization is happening everywhere. This is not relegated to just this arena. Our physical world is being sensored. In fact, some are calling it the "trillion sensor" economy.
This is nothing that should surprise anyone. We do not need to go far to come across someone writing about how the amount of data we are producing, collectively, is exploding. It is only going to keep growing as we progress forward.
By putting sensors everywhere, we will be generating even orders of magnitude more data than we are today. If we thought there was an explosion last decade, we best hang on. As they say, "we ain't seen nothing yet".
By the end of the decade, it is probable that we will be creating data in most everything we do. At the same time, things that we own, since they will have sensors, will also be churning it out. This will happen on a 24/7 basis.
Here is where we truly see what the "Creator Economy" is.
Since we will see most things digitized which turns then into data generating hotspots, then the next step is to tokenize it.
Tokenization allows us to assign monetary units to whatever we desire. Through this, we then are able to allow market forces determine a value. Hence, the entire data generation process can be monetized.
It is where we see a growing abundance. Since the amount of data created is only going to keep expanding, we see built in growth rates that far exceed what we have now. When it is monetized, this has an economic impact far beyond anything we can imagine.
This is how yearly global growth rates of 25%-50% achieved.
Content = Data
Thus, what we are really looking at is an economy that is data driven. By tokenizing all the data that is created, we have an expanding economy that has more intrinsic value than what we could dream up to this point. After all, we know data is required to feed the massive amount of algorithms being built. The demand is there and only going to keep growing. The billions of individuals on this planet along with all their machines are going to be required to keep producing this. Fortunately, we are well on our way.
All of this is a done deal.
Nothing mentioned thus far is unheard of. In fact, we can do a simple web search on each of these topics to see where things are now and how they are progressing. All this was set in motion long ago.
Hence, we know what the outcome is going to be. We are rapidly moving to a more digitized world where enormous amounts of data will be generated. Through the tokenization process, everything is going to have a digital representation which provides many more characteristics than what an item has in its physical form.
The only question that remains who owns all this?
Obviously, this is where the battle is taking place. Those who are in control wish to remain there. It should be clear this is an exponentially more powerful system than what we have now. Thus, those who presently run the show are going to do all they can to take control of this too. We already see this taking place with Bitcoin.
This is the thought process behind "The Great Reset". It is a concept of where a few people amass even more power due to an exponentially growing system which they own most of the assets, providing access to the masses.
Cryptocurrency allows for creators to enjoy the financial benefits of their work. This is something that we already see happening. However, as we can see, it is going to take on a larger meaning in the future.
The protocols are being put in place. What we are developing today will be the foundation for this down the road. As we fill in the gaps, a powerful system is emerging which will bring abundance to everyone on the planet. Of course, that is contingent upon the idea that it is not all in the hands of a few people.
It is where the concept of open source and decentralization enter the picture. This is what distributes power. As things spread further out, it becomes harder to control. Hierarchical systems are best for the few in power. Instead, we are establishing one that is horizontal as opposed to vertical.
In the future, everyone will benefit in the creator economy as this system keep expanding.
Hang on gang, it is going to be a fun ride.
If you found this article informative, please give an upvote and rehive.
