“Every investor, you and I, will have our own number, our own identification. We can rid ourselves of all issues around illicit activities around bonds and stocks and digital by having tokenization,” BlackRock CEO Larry Fink said.
It may not get an ounce of mainstream or even alternative media coverage, but right now, world central banks, financial juggernauts and fintech groups are rapidly developing a system by which literally everything will be converted into a unique digital record stored on a blockchain. This process is known as tokenization, where all things will be converted into a token, a piece of digital representation that is then bought, sold, and traded as a commodity. This system is needed to truly enable proper effectiveness for central bank digital currencies (CBDC). Such a system would fully allow central banks and asset managers to know precisely what people possess at all times, as all transactions and purchases would be completely tracked and mitigated in real-time, and would thus fulfill the ominous statement by the World Economic Forum: “You’ll own nothing and be happy.”
In December 2023, Trends Journal contributor Gregory Mannarino warned that this is the new world order monetary system. He wrote (emphasis his):
Envision for a moment a mechanism where every single conceivable asset, including life itself, or life expectancy, which is also an asset, is reduced into a token. Well, I am here to reveal to you that this is exactly what IS going to happen.
The new tokenized system is going to REPRESENT, (pay attention to the word represent), not just currency and other financial assets such as real estate, but ALL assets- including you, your past, what you have done, and even speculation on what you may do-including things like life expectancy, what you earn, what you potentially will earn in the future, what you buy, what you may buy, past illness, potential future illness, family history, what medications you take, what medications that you will potentially “need” in the future, your VAXX record, DNA, etc. Which means that this new token-based system, IN ITS ENTIRETY, will reduce/REPRESENT everything to a digital TRADABLE asset. Human life is going to become a tradable/cross-border convertible asset along with every manner of its associated derivatives.
Tokenization is simple, and incredibly cost effective. Tokenization eliminates the need for ANY asset to “be converted” into something else for transactions to take place anywhere in the world, (trans-world). This IS The Universal New World/One World System.
What Is A Token?
Before getting into the ramifications of tokenization and its current rollout, it needs to be explained what a token is.
According to the Bank of International Settlements (BIS), a relatively unknown entity referred to as ‘the central bank of central banks;’ whose mission is “to support central banks’ pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks,” the BIS defines tokenization as “the process of representing claims digitally on a programmable platform,” adding that a token “can be seen as the next logical step in digital recordkeeping and asset transfer.”
Citing the BIS, Lena Petrova with World Affairs in Context summarizes what a token is:
A token is a digital asset that can be manipulated by a financial institution: a tokenized customer’s deposit is subject to the rules defined by its issuer. For example, a token may be spent or exchanged only within the scope of a pre-defined set of rules. An asset (for example, a customer’s bank deposit) may have rules that allow the money to be spent only on certain services or products.Further, a token stores all information about the underlying asset: previous owners, dates of purchase/ sale, transaction dates, etc. This data is stored on a blockchain that is managed by a financial institution.
Think of a token as a dollar bill or a promissory note. The note contains information that defines what it is worth and is owned by the issuing bank. Tokenization is comparable to digitizing that physical note in its most simplistic form.
The BIS provides some basic charts that explain how a token works:
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