The GENIUS Act is the digital equivalent of the Coinage Act of 1792, when the US Dollar became a new legal currency. This is far bigger than most people realize right now -
1. Banks and the finance industry will now shift to tokenized assets with everyone having digital wallets instead of checking accounts - faster, cheaper and on the blockchain. The 95% of the world who don’t have a digital wallet or own any Bitcoin or crypto soon will.
2. In time, all assets including land, real estate, companies, vehicles and collectibles can be and will be digitally tracked, stored, bought and sold in whole or part just like shares of public companies, giving individuals the same power to own real world assets that until now only the rich could afford.
3. Now, with digital money being legal tender with banks and financial institutions able to manage it like dollars, every AI Agent, robot and driverless car can legally have its own wallet, transact, pay other AI agents and robots (and humans), create and contribute monetary value for the humans who manage them, which will create a 24/7 digital economy 100x the size of our current economies.
In the same way the US coinage act created a new monetary system which then created the worlds largest economy and superpower, the GENIUS act will create a digital economy and digital superpower greater than we can currently conceive.
I’m proud that Genius Group has been planning for this moment for many years with our Genius City model where humanity thrives with the ABCs of the future (AI, Bitcoin, Community), and it has come much faster than we expected.
Trump and the US Congress have pressed the go button. Now "Hang on to your hat. Hang on to your hope. And wind the clock, for tomorrow is another day."
The best way to predict the future is to invent it. #GeniusAct #GeniusGroup $GNS
And BTW when eventually even stock trading becomes tokenized (which eventually it inevitably must), that means instant settlement with no broker, which will mean the end of dark pools, the end of shorting and naked shorting, and the end of someone else having the freedom to manipulate and mess with what you own.
That day can’t come soon enough. That’s why $GNS focus on a digital, decentralized, transparent future links everything from a better world for the best of humanity, to a worse world for the worst of humanity.
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