A Tokenized Economy

Avatr
2 min readAug 10, 2024

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We are so accustomed to the legacy system and the fiat currencies that support it, but what do we see for the future? There is a compelling case to be made for a tokenized pay economy. Salaries could be paid in tokens, whether that be Bitcoin, ETH, or any other native token of your choosing. This would afford us flexibility and ease of cross-border transfers that are instant, frictionless, and virtually free of cost. The shift toward a world that is borderless, bank-less, and decentralized is not so far-fetched when you consider the trajectory of world currencies and the advent of technologies that provide streamlined payment rails.

Countries like Switzerland and Singapore have embraced these innovations, which demonstrates that mainstream adoption is within reach. Financial inclusion represents a paradigm shift borne out of years of friction and inefficiency. The tools are now with us; it is only a matter of time and acceptance before that tried-and-tested phrase “necessity is the mother of all inventions” takes shape. There will be casualties, but not among us. This is a world we embrace and is a central covenant of Avatr.

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Avatr
Avatr

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