Tokenizing the world means declaring digital value of all physical resources. This means all your property plus impersonal assets like the rain forest in Brazil. Average citizens will be given the digitized version of assets, but the real assets will remain under the control of the central bank system, with the BIS sitting at the top of the pyramid. “Unified Ledger” is a must-understand concept. — Technocracy News & Trends Editor Patrick Wood
We’ve all heard the infamous World Economic Forum phrase “You’ll own nothing, and you’ll be happy.” But how do global elites and central bankers intend to roll out this diabolical scheme? Well, the Bank for International Settlements (BIS) mapped it out in their recently published report on a proposed “unified ledger” called, “Blueprint for the future monetary system: improving the old, enabling the new.”
Control of All Assets
In simple terms, the BIS’ blueprint proposes that all private property in the real world, such as money, houses, cars, etc., would be “tokenised” into digital assets within an “everything in one place” global unified ledger.
CBDCs would be “core to the functioning” of this tokenised world and serve as the reserve currency on the unified ledger. Transactions between CBDCs and tokenised assets, which represent real-world assets, would operate seamlessly through smart contracts on one programmable platform.
Each token representing a real-world asset in this digital space would contain a large amount of data received from the real world in real time about what it is, who it belongs to, etc., as well as rules on how that particular asset can and cannot be used. The BIS explains how these rules are set up by “directly embedding supervisory features into the token itself, which can be tailored to specific rules.”
The main takeaway of this BIS blueprint is that whatever happens in their dystopian digital world, has legally binding impacts on assets in the real world. So, maybe the WEF’s catch phrase should be “You may own digital tokens, but we will control the real assets.”