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Future economic activities can be digitized, including the identity of currencies, assets, people and organizations, and even IoT devices can have their own IDs in a digital way .

With these digitized things, we can enter the stage of a programmable economic system, in which we use code to operate and manage various rules, and this operation and management is very transparent and objective.

After this state matures, we can enter a state of trust-free economy. I estimate that one-third or even half of the cost of our economic activities today is used to build trust.