Donate or Tokenize?

Faced with the exchange and inflationary decal that we are living in the Republic of Argentina, several voices are azan proposing solutions based on the legal course currency.From subtle bimonetarism to extreme dolarization, economic teams offer proposals to an electorate who little understands, with difficulty in measuring the consequences by founding their elections in anger and frustration.We meet again before professionals who resort to the classic schools of the economic sciences that ignore or ski the new models that evolution, knowledge and technology offer in our times.The debate between Adam Smith's theories, whose contributions and concepts refer to his work “A research on the nature and causes of the wealth of nations”, written in 1776 and those of John Maynard Keynes, translated into his work “General employment, interest and money theory” of 1936 He got out of fashion and context.Discussing in the 21st century whether the “magic market hand” resolves the distribution of wealth, or whether the State should intervene to arbitrate monopolies and speculators is sterile and delays as alternative plantings.Only to locate us in time and space when Smith published his works, the Republic of Argentina did not exist, these lands, together with those of Uruguay, part of Chile, Paraguay, Bolivia and the South of Brazil, formed part of the Virreinato of the River of the Silver. There was slavery, workers lacked rights and the role of women in society was very different from that of our days.On July 4, 1776, while Adam Smith published his works, 13 British colonies declared the United States Independence of British Crown America.However, in 1936, in the Republic of Argentina, General Agustín Pedro Justo ruled, whose management was characterized by state interventionism in the economy and the implementation of a centralized tax collection system. The story called this stage as the “decade infamous”, by the succession of military coups that interrupted democratic governments, beginning with the coup of civil-military state that overthrew radical president Hipólito Yrigoyen.It is interesting to place in time and space the social, geopolitical and economic realities of the world in order to understand in what context the proposals were formulated and discussed. “Today” We discussed in our country.It is likely that, with the knowledge and tools of the times, and in the circumstances of the environment in the places where these proposals were applied, consider whether it is appropriate to have an own currency and a sovereign central bank, or whether the way the market distributes the wealth among the factors of production is proceeding. Similarly, to discuss whether in the face of extreme situations, state intervention can be of aid to society in its majority.However, at this time of humanity, these issues are resolved.In our case, the discussion should go further through the independence of the institutions, the suitability of the employees who occupy them and the personal and political responsibilities of the consequences that their decisions provoke. This is for all the powers and scalephones of the public administration.This raises an even greater conflict, as the solutions, far from being magical or surgical, as it would be to explore the Central Bank or implement a bimonetary economy, become background, based on professionalism and morality of those who drive the country's destinations.Style changes demand generations and often that those who are ahead today take a step to the side.Easy, there are other options.The 21st century economy, which only began to teach at universities, which is learned through documents and works published on social networks and Internet pages, presents new approaches and tools that could help solve the complex challenges we face in these times.Let's turn one of them.Speaking of dolarizing what is sought is to use a currency that has value as a common denominator of the goods and services offered in the economy. One thing that serves to measure how our heritage evolves and which, in addition, is convenient if we have any surplus and want to save or invest.In fact, the dollar can serve if we compare it with our devalued weight, however, if we analyze your purchasing power in 100 years lost 96% of your value, is to say that if in 1923 with 1 dollar we bought 100 candy today we only bought 4.If we're gonna change, we're gonna do it for something that's overwhelming,Blockchain's technology has opened us a range of new possibilities, as it offers us to rely on predefined, auditable, unchangeable and safe processes to carry out emissions and transactions of every type of representative record of anything that may have value.Thus, we may have assets whose support is a predictable emission rule, framed in a digital intelligent contract, i.e. a algorithmic currency, as is Bitcoin. I look, the plant is much of using Bitcoin as currency, but using Blockchain as technology to issue a digital currency of its own.In this case, the value of money, would be supported by predictability in its emission and public control that offers the cryptographic environment, something that with traditional money is in power of policy and shift workers.Alternative proposals may also be coins associated with an underlying asset, That is, your emission rule is founded on the availability of some good, service or right, present or future.In all the speeches of politicians, be it of the party they were, we mention the potentialities of our country, in the medium term, as a producer and exporter of goods derived from agribusiness, mining, oil and gas.As is known, national and provincial states receive royalties for them, in some cases referred to in cash and others in product.You can certify the reservations of certain products our country has and tokenize them, In other words, it affects future income as a guarantee of the emission of a legal and free-moving digital asset, as well as a convertible weight in lithium, soybeans, oil, gas or the scarce ecosemic services that produce the forests and natural forests.Argentina can issue its own hard currency without having to resort to the thirdization of monetary sovereignty.It is of little use to have unproductive natural wealth, buried or abandoned, while public finances allocate billions of dollars to the payment of foreign debt interest, while the incomes of the citizens and the public services they receive deteriorate year after year.Markets would quickly accept a currency supported by predefined emission criteria or by real rights. In this way, debt in local and foreign currency could be saved dramatically reducing the impact they have on public accounts their financial cost.The coherent and efficient allocation of the value these new monetary forms would also have to contemplate the training and social inclusion of the economically active population, so that the assistance to education and public investment expenditure can be quickly transferred.Tokenization presents itself as an overcoming, innovative and resolutive alternative to the complex challenges that presents the economic and financial panorama of our days.