Making Personal Potential Investable

​

​

There is a great opportunity right now for California to do something revolutionary to give all Californians a huge advantage in the global economy. 

 

We can do this by putting laws in place to allow Californians to issue their own personal cryptocurrencies and make binding promises for those currencies to be redeemable for goods, services, or a tiny fraction of their future income. 

 

These currencies could be traded on global exchanges, giving Californians a huge advantage to leverage the global economy to reach their potential.

 

We are the tech and innovation capital of the world and it would be a dereliction of duty for our policymakers to not seize on the advantage of being the first place to do this. 

 

The idea of securitizing or tokenizing personal potential may sound like a funny thing, but when you securitize something, what you’re really doing is making it easy for it to find its highest value.

 

We all see how startups are able to do huge things long before they ever start turning a profit. They’re able to do this by issuing their stock as securities. This leverages their potential, so they can make the most of their potential. 

 

Of course this has been used to concentrate wealth like never before in human history.

 

It’s time to give people this same power that corporations have, to leverage their potential and make the most of it.

 

This may be more than just an economic revolution, but also a psychological one. 

 

Today, there is no easy way to directly invest in someone’s long-term personal potential. This causes society to only appreciate people for what they can do right now. 

 

This can change our collective psychology to think more about everyone’s potential, so that we can all reach our potential.