Fragile assets

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That old story, ‘don’t put you eggs in one basket’. This talks more about assets diversification. Our center talk today is not mainly on diversification but fragileness. Eggs easily breaks; it is one of the most petted commodities. At least I have someone who sells, during stacking it always requires utmost carefulness. Even speaking of one basket, the future shows we are heading that direction; maybe a future where diversification is done in one basket. Why am I saying so?

We are really moving into the online phase. I have discussed this severally, how everything is moving into the virtual space. 5 billion out of the assumed 8 billion use the Internet, the numbers are going to increase. technology awareness is increasing and adding to that, the population is going same. How will the world population be in a decade from NOW. Our country’s population is set to add at least a one-third in two decades or so. The Next generation will be more tech smart without doubt.

What does this entail? Assets will be stored online; we are seeing the tokenization of everything currently coming into effect. The rise of stablecoins also adds to that, what happens when Wallstreet fully step in. The Genius Act has been put in place, what is left is proper regulation. When this is done, we are expecting booming markets. investors will increase both medium and ultimate.

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This draws back to how safe will online presence be? Where the money is, that is where everyone’s eyes will be. Fraudsters will be on the increase to make the negative most of this situation. You have to admit it is much easier to steal virtual assets more than tangible ones; $1 million dollar can be moved virtually as if it is nothing but the same is not same as paper notes. This fragility should be of utmost concerns.

It points out to should web3 or web2 prevail? Let’s take for instance, how safe is our local bank accounts? Trust me, I have been having some debits I know little to nothing about. These accounts are controlled by individuals in a cooperate shells. The issue of ownership personally should be prioritized. That aside, lets look mostly to these fragile assets and how safe the world system will be in the hands of virtuality.

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My earlier emphases were ALL will be in one basket and internet online safety should be prioritized. Will investors will be very convenience Enough if assets loss increases in the process? Can this cost individuals and government to run back the old ways? It boils back to security. Trillions of transactions flocking the virtual space will be at risk.

I have talked about how web3 will also be of advantage in the process. If most things are done decentralized, the risk will be minimalized. I keep on saying it, any security detail stored on centralized space carries a big risk. How safe is our mails and centralized social media handles. Big investors may be able to sue for stolen assets but this will not be same for smaller ones. The digital space will be a big target for fraudsters and individuals will have to find means of defending themselves.

To conclude, let me add, digitalization overtaking the transaction industry will come at a cost; fragility. The new industry must be preparing for what is coming, especially NOW where diversifications will be happening in digital realms. The fight against fraudulent activities should be of much concerns.

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