Influence Of The Idling Trillions (LVXIII)

in #blockchain5 years ago

A civilization that lets TRILLIONS worth of influence idled away on the face of extreme hunger & poverty can have only one excuse for such indifference — IGNORANCE. ZeroCash takes that excuse away.

There are about $700 trillion worth of valued assets in the world. According to BlackRock, $50 trillion dollars is sitting on the sidelines as cash.

Bloomberg

This pile of cash is currently idling away on balance sheets awaiting assignment to projects.

“People are tired of earning zero,” says Rob Kapito of Blackrock, “some $10 trillion of the cash is effectively earning a negative yield, eroding savings.”

The Biggest Travesty Of Justice

On one hand there are trillions sitting on the sideline waiting for projects, and on the other, there are United Nation’s Sustainable Development Goals (SDGs) offering impact investment opportunities worth at least $12 Trillion but facing a 3-year cumulative funding gap of $7.5 Trillion. Our gross inability to connect the two is making it almost impossible to achieve the SDGs by 2030.


In his book, The End of Poverty, Jeffrey Sachs estimated the cost of ending extreme poverty would be about $175 billion per year.

Looking at the big picture and the dynamics of unutilized global assets, there’s no reason why extreme poverty shouldn’t be wiped out. But the tragedy is, extreme poverty not only thrives with impunity, but poses a big challenge to theUN’s Agenda 2030 goal to eradicate poverty by 2030.

The Power Of Influence

With $700 trillion worth of global assets, $50 trillion of them being liquidable, there is plenty of influence to be monetized and tokenized. Just imagine using that much influence to generate new wealth, and that too by not putting the monetized asset at risk? That’s precisely what ZeroCash does-

funds projects risk-free without funders actually ever having to part with or give up control over their monetized assets. Acquiring stake in projects without risking any cash.

If we consider the current ZeroCash ROI on monetized influence of about 30+%, we are talking at least $15 trillion worth of fundability from the liquidable assets sitting idle across the globe.

Can the $50 trillion of idling influence / asset fill the $2.5 trillion yearly funding gap that SDGs are currently facing if ZeroCash makes that possible keeping all of the $50 trillion safe and secure? Absolutely.

Can those unutilized trillions be zerocashed to eradicate poverty? Without a doubt.

Let’s Unlearn The Learned

Have we been indifferent to the power of our unutilized influence because of our ignorance? Or is it because of the knowledge learned from experience?

Well, let’s unlearn the learned, and start monetizing and collating our influence to make this world a better place.

So there’s no excuse anymore to not to use our influence until the last soul on our planet has food to it, clothes to wear and a home to live.

By the way, no human being is devoid of some influence to make a difference in this world. If you think you have zero influence to influence another soul, let’s just show you one simple way to make a difference.

SHOUT!!

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