Trade has always been limited to those with control over commodities and access to credit. Merchant/broker/traders have always been in the data gathering business. It is no surprise that merchant/broker/traders sit on and trade valuable, actionable data.
Movement of the data gathered by merchant/broker/traders have moved on an OI (organic intelligence) infrastructure for centuries. This OI infrastructure is comprised of humans and in the short run these humans will work with AI (artificial intelligence) to improve the gathering, analysis, and trade of collected data.
Merchant/broker/traders who control data and the platforms the data move across will set the prices at which the affluent trade. This has always been the case. What has changed and is changing is the technology and efficiency by which data trade is occurring.
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As a result of evolving digital technology, the affluent will settle transactions via a digital currency. Digitization makes it easier for the merchant/broker/trader to exchange the data they have collected on the affluent.
Digitization also lays the groundwork for separate settlement systems and in the future, separate currency jurisdictions i.e., nation-states. Digital currency and digital networks will underlie the separation of nation-states for the affluent and nation-states for the non-affluent. Those who have little to no actionable data i.e., the non-affluent, will occupy an analog, paper currency network. Digital networks will be exclusive to the affluent.
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Government’s role will be to maintain the paywall between the two nation-states and political strategies and tactics employed today should be designed to bring about that future.
Alton Drew
26 October 2023
Alton Drew
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