Fiat-Pegged Money

In reality, money goes beyond its basic financial implications, evolving into a profound social phenomenon. The manipulation and corruption of money carry the potential to bestow an unparalleled degree of power, a pursuit that dates back thousands of years.

Since the adoption of commodity money, we find ourselves progressively delving deeper into the rabbit hole by establishing money as the standard measurement unit for human life. From commodity money we transitioned into the commodity-backed money, and subsequently to fiat money, which facilitated the concentration of wealth and power in the hands of a few, leading to a situation where 1% of the global population controls 63% of the world’s wealth. 

Fiat currency, while possessing the capacity to facilitate global economic integration, demonstrates limitations in achieving a fully integrated global market across all sectors. anyways it was predicted from the start that at some point the fiat economy will crash because you cannot keep inflating the economy by infusing thin air? Hence, pilot assessments for a Fiat-Pegged Digital economy were initiated several decades ago through the conceptualization of a cashless society. This strategic initiative streamlined money movement,laying the groundwork for the subsequent phase involving the implementation of digital currency, driven by the principles of the so-called decentralized finance.This evolving system has shown notable success, undergoing continuous modifications and improvements. Termed Fiat-Pegged money, this monetary model holds the potential to establish a universally integrated global market, encompassing individuals, businesses, and governmental entities across all levels.

This implies that, eventually, the entire world will transition to a unified currency, putting an end to currency fluctuations. At that juncture, money will evolve into a system resembling the social credit score.

In short Money is a journey from a Standard Measurement Unite for Human life to a social credit system. And not to forget that the social credit system is also undergoing its pilot tests globally, right now.

Money started as the standard measurement unit for human life and is currently in the process of evolving into a social credit system. Yet, the crux of the matter does not rest in money itself, the centralization or decentralization of the monetary system, or whether money exists in digital or physical form. The core issue lies in the transformation of money from being a medium of exchange to a source of survival.

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