Monetize Assets


 

The Earth Dollar working in conjunction with the new
alternative Living Economic System can generate new
wealth, prosperity, and abundance by monetizing and
tokenizing Real Assets, including real estate assets, land, |
precious metals, Natural Capital Assets, commodities,
and more assets are in negotiations.

7

 

Monetize Assets


 

The Earth Dollar working in conjunction with the new alternative Living Economic System can generate new wealth, prosperity, and abundance by monetizing and tokenizing Real Assets, including real estate assets, land, precious metals, Natural Capital Assets, commodities, and more assets are in negotiations.

 

7

$5.28+ TRILLION USD OF ASSETS BACKS THE EARTH DOLLAR

The $5.28 trillion+ of Real Assets, including real estate assets, land, precious metals, commodities and nature-based land assets called Natural Capital Assets backing the value of the Earth Dollar, creates one of the world’s largest carbon-negative asset-backed community currencies.

 

$5.28+ Trillion in Real Assets with intrinsic value is being tokenized to back the Earth Dollar. Real Assets include real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more. This will support the implementation of the Living Economic System.

This will help usher in a new alternative Living Economy and “Natural Capital Standard” centered on the health and wellness of the Earth. 

The Living Economic System is being created by modeling the World Bank’s Natural Capital Accounting System on the blockchain. This will allow the generation of new wealth, prosperity, and abundance by keeping fossil fuels in the ground, and by protecting, restoring, and revitalizing the Earth.

The Living Economic System changes our current economic system from extraction to restoration. When more trees are planted, waters are cleaned, more forests are protected, increase in biodiversity, and more food is grown, new wealth will be generated.

The Earth Dollar represents the largest deployment of Natural Capital Assets on the blockchain. The Earth Dollar will prove that we can generate new wealth, prosperity, and abundance by caring for the Earth.

The Living Economic System is designed to unleash trillions of dollars of new wealth, prosperity, and abundance to reinvigorate the global economy. 

This is done by registering, tracking, insuring, tokenizing, and monetizing trillions of dollars of Real Assets, including unused, untapped, underused, dormant, new, restored, and in-ground assets. Real Assets include real estate assets, land, precious metals, Natural Capital Assets, commodities, and more. If you are an asset owner, contact us to help you monetize your assets.

Note: Some of the Natural Capital Assets are part of our World Heritage Sanctuaries being co-stewarded in partnership with Indigenous Nations and local communities. The sanctuaries are protected from commercial exploitation by insurance policies; the insurance policies back the value of the Earth Dollar, not the land so they can never lose it.

 

NFT ASSET-BACKING EXCHANGEABILITY PROGRAM

The Earth Dollar is backed by Real Assets with intrinsic value and will be exchangeable directly into NFTs (Non-Fungible Tokens) representing some of the assets and/or privileges backing the Earth Dollar, including physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc.

$5.28+ TRILLION USD OF ASSETS BACKS THE EARTH DOLLAR

The $5.28 trillion+ of Real Assets, including real estate assets, land, precious metals, commodities and nature-based land assets called Natural Capital Assets backing the value of the Earth Dollar, creates one of the world’s largest carbon-negative asset-backed community currencies.

 

$5.28+ Trillion in Real Assets with intrinsic value is being tokenized to back the Earth Dollar. Real Assets include real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more. This will support the implementation of the Living Economic System.

This will help usher in a new alternative Living Economy and “Natural Capital Standard” centered on the health and wellness of the Earth. 

The Living Economic System is being created by modeling the World Bank’s Natural Capital Accounting System on the blockchain. This will allow the generation of new wealth, prosperity, and abundance by keeping fossil fuels in the ground, and by protecting, restoring, and revitalizing the Earth.

The Living Economic System changes our current economic system from extraction to restoration. When more trees are planted, waters are cleaned, more forests are protected, increase in biodiversity, and more food is grown, new wealth will be generated.

The Earth Dollar represents the largest deployment of Natural Capital Assets on the blockchain. The Earth Dollar will prove that we can generate new wealth, prosperity, and abundance by caring for the Earth.

The Living Economic System is designed to unleash trillions of dollars of new wealth, prosperity, and abundance to reinvigorate the global economy. 

This is done by registering, tracking, insuring, tokenizing, and monetizing trillions of dollars of Real Assets, including unused, untapped, underused, dormant, new, restored, and in-ground assets. Real Assets include real estate assets, land, precious metals, Natural Capital Assets, commodities, and more. If you are an asset owner, contact us to help you monetize your assets.

Note: Some of the Natural Capital Assets are part of our World Heritage Sanctuaries being co-stewarded in partnership with Indigenous Nations and local communities. The sanctuaries are protected from commercial exploitation by insurance policies; the insurance policies back the value of the Earth Dollar, not the land so they can never lose it.

ASSET-BACKING EXCHANGEABILITY PROGRAM

The Earth Dollar is backed by Real Assets with intrinsic value and will be exchangeable directly into NFTs (Non-Fungible Tokens) representing some of the assets and/or privileges backing the Earth Dollar, including physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc.

INITIAL EVALUATION OF ASSETS BACKING THE EARTH DOLLAR

 

 

We have just completed an initial evaluation of the Real Assets backing the Earth Dollar. The Real Assets backing the Earth Dollar come mainly from private asset owners, including real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more assets are in negotiations.

Additional assets are being held in reserve, consisting of the above, plus the fruits of the land (ufructus) from our World Heritage Sanctuaries.

Note: within the World Heritage Sanctuaries, the fruits of the land (everything underground, on the ground, and in the air) are being insured against ecological damage. In the case of the World Heritage Sanctuaries, the insurance policies back the value of the Earth Dollar. No land has been pledged to back the Earth Dollar in the World Heritage Sanctuaries.

$5.28 trillion+ of Real Assets are being used to back the Earth Dollar Token Sale and the remaining assets are being held in reserve for future use.

The initial evaluation was calculated by economists using the Benefit Transfer Method (BTM) and cross-referenced with existing public data with the best available peer-reviewed ecological economics research from over 100 sources. 

Each Earth Dollar Token sold will initially be backed by $30 USD of physical assets with intrinsic value. In Year 3, the Earth Dollar is expected to be convertible to Real Assets such as physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc. linked to NFTs, after the exchange value of the Earth Dollar against the USD exceeds $50 USD. Part of the Platinum Group Metals mined will be used to mint the collectible coins with partners such as Northwest Mint, and other coin issuers.

To convert to physical assets, first, you have to exchange the Earth Dollar for the Smart-Asset Tokens you want on an allied exchange and then exchange the Smart-Asset Tokens for Real Assets. 

INITIAL EVALUATION OF ASSETS BACKING THE EARTH DOLLAR

 

 

We have just completed an initial evaluation of the Real Assets backing the Earth Dollar. The Real Assets backing the Earth Dollar come mainly from private asset owners, including real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more assets are in negotiations.

Additional assets are being held in reserve, consisting of the above, plus the fruits of the land (ufructus) from our World Heritage Sanctuaries.

Note: within the World Heritage Sanctuaries, the fruits of the land (everything underground, on the ground, and in the air) are being insured against ecological damage. In the case of the World Heritage Sanctuaries, the insurance policies back the value of the Earth Dollar. No land has been pledged to back the Earth Dollar in the World Heritage Sanctuaries.

$5.28 trillion+ of Real Assets are being used to back the Earth Dollar Token Sale and the remaining assets are being held in reserve for future use.

The initial evaluation was calculated by economists using the Benefit Transfer Method (BTM) and cross-referenced with existing public data with the best available peer-reviewed ecological economics research from over 100 sources. 

Each Earth Dollar Token sold will initially be backed by $30 USD of physical assets with intrinsic value. In Year 3, the Earth Dollar is expected to be convertible to Real Assets such as physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc. linked to NFTs, after the exchange value of the Earth Dollar against the USD exceeds $50 USD. Part of the Platinum Group Metals mined will be used to mint the collectible coins with partners such as Northwest Mint, and other coin issuers.

To convert to physical assets, first, you have to exchange the Earth Dollar for the Smart-Asset Tokens you want on an allied exchange and then exchange the Smart-Asset Tokens for Real Assets. 

DETAILS OF THE ASSETS BACKING THE EARTH DOLLAR

 

We want to personally thank all the Benefactors like the late Ron Martin and the Earth Wealth Fund for their generosity. The benefactors have provided the initial Real Assets consisting of in-ground assets of gold, silver, platinum, palladium, and rhodium to back the value of the Earth Dollar and to make the shift to a Living Economy centered on love. Together we can create a legacy, whereby we can end extreme poverty worldwide, while simultaneously protecting, restoring, and revitalizing Mother Earth. We invite you to join us to replant the Tree of Life.

IN-GROUND METAL ASSETS BACKING THE EARTH DOLLAR TOKEN SALE

Source; London Fix Precious Metal Prices, March 5, 2021

 

 

 

RESERVE 1: UNUSED IN-GROUND METAL ASSETS HELD IN RESERVE TO BACK THE EARTH DOLLAR

Source; London Fix Precious Metal Prices, March 5, 2021

 

 

 

RESERVE 2: UNUSED NATURAL CAPITAL ASSETS HELD IN RESERVE TO BACK THE EARTH DOLLAR

 

Gold has endured throughout history as a currency, a prestigious symbol of wealth, and a valuable, versatile commodity. During times of economic uncertainty, more people turn to gold as a “safe haven” because of its enduring value. It is commonly used in jewellery and due to its durability and conductivity; gold has significant applications in electronics, aerospace, dentistry, and medicine.

Silver is a rare and valuable noble metal and has long been used as a currency and in jewellery. It is the best thermal and electrical conductor of all the metals and for this reason, it is ideal for electrical applications. It has excellent anti-microbial and non-toxic properties which makes it useful for medical and consumer products. Its high lustre and reflectivity make it perfect for jewellery, silverware, and mirrors. It is malleable, ductile, and photosensitive with many industrial applications.

Platinum is a rarer metal than gold and has traditionally been traded at a higher price. It has primarily been used in catalytic converters in vehicles, planes, and other industrial applications. It is a very dense, malleable metal and is also used in jewellery and medical devices such as pacemakers.

Palladium is rarer than platinum and is used primarily in catalytic converters. It is also used in jewelry, dental and medical products, and other consumer goods. It is also extremely ductile and malleable with many industrial uses.

Rhodium is an extremely rare and valuable noble metal with 80% of it being mined within South Africa. It is mainly used in catalytic converters. Rhodium is brilliant silver-white in color, highly reflective and resistant to corrosion. It is also used to make jewelry, searchlights, and mirrors. Other industrial uses include the coating for fiber optic cables and various chemical and electrical applications.

Other assets the Earth Dollar team are in the process of acquiring are graphite mines, emeralds, copper mines, etc.  The Earth Dollar team is seeking other assets around the world to tokenize and monetize.

DETAILS OF THE ASSETS BACKING THE EARTH DOLLAR

We want to personally thank all the Benefactors like the late Ron Martin and the Earth Wealth Fund for their generosity. The benefactors have provided the initial Real Assets consisting of in-ground assets of gold, silver, platinum, palladium, and rhodium to back the value of the Earth Dollar and to make the shift to a Living Economy centered on love. Together we can create a legacy, whereby we can end extreme poverty worldwide, while simultaneously protecting, restoring, and revitalizing Mother Earth. We invite you to join us to replant the Tree of Life.

 

IN-GROUND METAL ASSETS BACKING THE EARTH DOLLAR TOKEN SALE

Source; London Fix Precious Metal Prices, March 5, 2021

 

 

RESERVE 1: UNUSED IN-GROUND METAL ASSETS HELD IN RESERVE TO BACK THE EARTH DOLLAR

Source; London Fix Precious Metal Prices, March 5, 2021

 

 

RESERVE 2: UNUSED NATURAL CAPITAL ASSETS HELD IN RESERVE TO BACK THE EARTH DOLLAR

 

Gold has endured throughout history as a currency, a prestigious symbol of wealth, and a valuable, versatile commodity. During times of economic uncertainty, more people turn to gold as a “safe haven” because of its enduring value. It is commonly used in jewellery and due to its durability and conductivity; gold has significant applications in electronics, aerospace, dentistry, and medicine.

Silver is a rare and valuable noble metal and has long been used as a currency and in jewellery. It is the best thermal and electrical conductor of all the metals and for this reason, it is ideal for electrical applications. It has excellent anti-microbial and non-toxic properties which makes it useful for medical and consumer products. Its high lustre and reflectivity make it perfect for jewellery, silverware, and mirrors. It is malleable, ductile, and photosensitive with many industrial applications.

Platinum is a rarer metal than gold and has traditionally been traded at a higher price. It has primarily been used in catalytic converters in vehicles, planes, and other industrial applications. It is a very dense, malleable metal and is also used in jewellery and medical devices such as pacemakers.

Palladium is rarer than platinum and is used primarily in catalytic converters. It is also used in jewelry, dental and medical products, and other consumer goods. It is also extremely ductile and malleable with many industrial uses.

Rhodium is an extremely rare and valuable noble metal with 80% of it being mined within South Africa. It is mainly used in catalytic converters. Rhodium is brilliant silver-white in color, highly reflective and resistant to corrosion. It is also used to make jewelry, searchlights, and mirrors. Other industrial uses include the coating for fiber optic cables and various chemical and electrical applications.

Other assets the Earth Dollar team are in the process of acquiring are graphite mines, emeralds, copper mines, etc.  The Earth Dollar team is seeking other assets around the world to tokenize and monetize.

NO POWER ON EARTH CAN STOP AN IDEA WHOSE TIME HAS COME

 

The Earth Dollar is an idea whose time has come. The Earth Dollar is a currency based on love and backed by the health and wellness of Mother Earth. The health and wellness of the Earth are measured by modeling the World Bank’s Natural Capital Accounting System on the blockchain. $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged to back the Earth Dollar to implement the concept.

The Dollar works with the Natural Capital Coalition consisting of over 380 banks, major organizations, and governments around the world. The Natural Capital Accounting System makes natural assets from nature visible, which is lacking in both GDP and GAAP (General Accepted Accounting Principles). 

A Natural Capital Declaration (NCD) was launched at the Rio+20 summit held in Brazil in June 2012. It values previously unaccounted for assets such as living trees, freshwater lakes, rivers, ecosystem services, and bioremediation. So, living trees have value without chopping them down, minerals have value without mining them, and lakes/rivers have value without exploiting them. Also, wildlife has value without killing it, and bees have value for pollination.

The idea of Natural Capital Assets being valuable is going mainstream. Water futures started trading on the Chicago Mercantile Exchange in December 2020.

On January 21, 2021, His Royal Highness Charles, The Prince of Wales formed a Natural Capital Investment Alliance to invest billions of dollars in natural capital opportunities. 

 

 

In March 2021, the United Nations adopted the SEEA Ecosystem Accounting at its 52nd session as a framework to integrate natural capital in economic reporting. 

In September 2021, the New York Stock Exchange (NYSE) announced a partnership with the Intrinsic Exchange Group (IEG) to list up to $125 trillion annually in Natural Asset Companies (NACs) publicly. NACs are a new category of organizations like the Earth Dollar which holds Natural Capital Assets. 

On December 21st, 2021, the Mexican Ministry of Finance announced they are creating a new cryptocurrency backed by $3.6 trillion of Natural Capital Assets similar to the Earth Dollar. The Earth Dollar is an idea whose time has come.

NO POWER ON EARTH CAN STOP AN IDEA WHOSE TIME HAS COME

 

 

The Earth Dollar is an idea whose time has come. The Earth Dollar is a currency based on love and backed by the health and wellness of Mother Earth. The health and wellness of the Earth are measured by modeling the World Bank’s Natural Capital Accounting System on the blockchain. $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged to back the Earth Dollar to implement the concept.

The Dollar works with the Natural Capital Coalition consisting of over 380 banks, major organizations, and governments around the world. The Natural Capital Accounting System makes natural assets from nature visible, which is lacking in both GDP and GAAP (General Accepted Accounting Principles). 

A Natural Capital Declaration (NCD) was launched at the Rio+20 summit held in Brazil in June 2012. It values previously unaccounted for assets such as living trees, freshwater lakes, rivers, ecosystem services, and bioremediation. So, living trees have value without chopping them down, minerals have value without mining them, and lakes/rivers have value without exploiting them. Also, wildlife has value without killing it, and bees have value for pollination.

The idea of Natural Capital Assets being valuable is going mainstream. Water futures started trading on the Chicago Mercantile Exchange in December 2020.

On January 21, 2021, His Royal Highness Charles, The Prince of Wales formed a Natural Capital Investment Alliance to invest billions of dollars in natural capital opportunities. 

In March 2021, the United Nations adopted the SEEA Ecosystem Accounting at its 52nd session as a framework to integrate natural capital in economic reporting. 

In September 2021, the New York Stock Exchange (NYSE) announced a partnership with the Intrinsic Exchange Group (IEG) to list up to $125 trillion annually in Natural Asset Companies (NACs) publicly. NACs are a new category of organizations like the Earth Dollar which holds Natural Capital Assets. 

On December 21st, 2021, the Mexican Ministry of Finance announced they are creating a new cryptocurrency backed by $3.6 trillion of Natural Capital Assets similar to the Earth Dollar. The Earth Dollar is an idea whose time has come.

$145 TRILLION USD PER YEAR OF NATURAL CAPITAL ASSETS CAN BE BROUGHT ON-CHAIN

 

$145 trillion per year of Natural Capital Assets (on Earth) are currently unaccounted for, according to a study published in the journal “Nature” by Robert Costanza. 

These unaccounted-for assets can be easily brought on-chain through the Earth Dollar and the Living Economic System to generate wealth for the common good.

In an extensive study led by Robert Costanza, thirteen ecologists, economists and geographers estimated the global value of 17 ecosystem services at $145 trillion USD per year updated as of 2014. The results were published in the journal Nature. We believe the 2018 figures will be much higher due to inflation. 

Standard peer-review reports use a 100-year standard to estimate the value of nature. This figure did not include minerals, oil, fossil fuels, freshwater, the oceans, fishes, marine creatures, or other factors.

Abstract of Report can be viewed or purchased here.

In 1997, the global value of ecosystem services was estimated to average $33 trillion/yr in 1995 $US ($46 trillion/yr in 2007 $US). In this paper, we provide an updated estimate based on updated unit ecosystem service values and land-use change estimates between 1997 and 2011.

We also address some of the critiques of the 1997 paper. Using the same methods as in the 1997 paper but with updated data, the estimate for the total global ecosystem services in 2011 is $125 trillion/yr (assuming updated unit values and changes to biome areas) and $145 trillion/yr (assuming only unit values changed), both in 2007 $US.

From this, we estimated the loss of eco-services from 1997 to 2011 due to land-use change at $4.3–20.2 trillion/yr, depending on which unit values are used. Global estimates expressed in monetary accounting units, such as this, are useful to highlight the magnitude of eco-services but have no specific decision-making context. However, the underlying data and models can be applied at multiple scales to assess changes resulting from various scenarios and policies.

We emphasize that the valuation of eco-services (in whatever units) is not the same as commodification or privatization. Many eco-services are best considered public goods or common pool resources, so conventional markets are often not the best institutional frameworks to manage them. However, these services must be (and are being) valued, and we need new, common asset institutions to better take these values into account.

$145 TRILLION USD PER YEAR OF NATURAL CAPITAL ASSETS CAN BE BROUGHT ON-CHAIN

 

$145 trillion per year of Natural Capital Assets (on Earth) are currently unaccounted for, according to a study published in the journal “Nature” by Robert Costanza. 

These unaccounted-for assets can be easily brought on-chain through the Earth Dollar and the Living Economic System to generate wealth for the common good.

In an extensive study led by Robert Costanza, thirteen ecologists, economists and geographers estimated the global value of 17 ecosystem services at $145 trillion USD per year updated as of 2014. The results were published in the journal Nature. We believe the 2018 figures will be much higher due to inflation. 

Standard peer-review reports use a 100-year standard to estimate the value of nature. This figure did not include minerals, oil, fossil fuels, freshwater, the oceans, fishes, marine creatures, or other factors.

Abstract of Report can be viewed or purchased here.

In 1997, the global value of ecosystem services was estimated to average $33 trillion/yr in 1995 $US ($46 trillion/yr in 2007 $US). In this paper, we provide an updated estimate based on updated unit ecosystem service values and land-use change estimates between 1997 and 2011.

We also address some of the critiques of the 1997 paper. Using the same methods as in the 1997 paper but with updated data, the estimate for the total global ecosystem services in 2011 is $125 trillion/yr (assuming updated unit values and changes to biome areas) and $145 trillion/yr (assuming only unit values changed), both in 2007 $US.

From this, we estimated the loss of eco-services from 1997 to 2011 due to land-use change at $4.3–20.2 trillion/yr, depending on which unit values are used. Global estimates expressed in monetary accounting units, such as this, are useful to highlight the magnitude of eco-services but have no specific decision-making context. However, the underlying data and models can be applied at multiple scales to assess changes resulting from various scenarios and policies.

We emphasize that the valuation of eco-services (in whatever units) is not the same as commodification or privatization. Many eco-services are best considered public goods or common pool resources, so conventional markets are often not the best institutional frameworks to manage them. However, these services must be (and are being) valued, and we need new, common asset institutions to better take these values into account.

WHAT IS NATURAL CAPITAL?

 

Humans derive a wide range of services from Natural Capital Assets, which are also referred to as ecosystem services. This is what makes human life possible. The most obvious ecosystem services include the food we eat, the water we drink, and the plant materials we use for fuel, building materials, and medicines.

There are also other less visible ecosystem services such as climate regulation, natural flood defenses provided by forests, the billions of tons of carbon stored by peatlands, or the pollination of crops by insects. We must also include the cultural ecosystem services such as the inspiration we get from wildlife and nature.

The Earth Dollar is a contributing member of the Natural Capital Coalition. We aim to help write new protocols on Natural Capital Assets.

The Earth Dollar is one of the world’s first currencies using Natural Capital Assets to support its value. The accounting system for Natural Capital is being steered by the Economics of Ecosystems and Biodiversity (TEEB) and is expected to replace the old U.S. GAAP accounting system by the year 2030 to fulfill the UN Sustainable Development Goals

Natural Capital Accounting System (NCAS) is the process of calculating the total stocks and flows of natural resources and services in a given ecosystem or region. The NCAS makes the invisible values visible. It acts as an accounting tool that can help measure the full extent of a country’s Natural Capital Assets (produced infrastructure, social and human natural resources) and give perspective on the link between the economy, ecology, and our environment. 


Using living trees, freshwater, carbon credits and the treasures of Mother Earth to support the value of the Earth Dollar will reconnect humanity back to the Source of Life.

War, destruction of the environment, clear-cutting of trees, climate injustice, and other negative human behaviors are destroying our “home”. The Earth Dollar is designed to increase in value when the environment is clean, the forests are thriving, there is peace, people are healthy, the community is strong, and people treat our home (planet Earth) with respect… bringing sustainable prosperity to everyone on Earth.

WHAT IS NATURAL CAPITAL?

 

Humans derive a wide range of services from Natural Capital Assets, which are also referred to as ecosystem services. This is what makes human life possible. The most obvious ecosystem services include the food we eat, the water we drink, and the plant materials we use for fuel, building materials, and medicines.

There are also other less visible ecosystem services such as climate regulation, natural flood defenses provided by forests, the billions of tons of carbon stored by peatlands, or the pollination of crops by insects. We must also include the cultural ecosystem services such as the inspiration we get from wildlife and nature.

The Earth Dollar is a contributing member of the Natural Capital Coalition. We aim to help write new protocols on Natural Capital Assets.

The Earth Dollar is one of the world’s first currencies using Natural Capital Assets to support its value. The accounting system for Natural Capital is being steered by the Economics of Ecosystems and Biodiversity (TEEB) and is expected to replace the old U.S. GAAP accounting system by the year 2030 to fulfill the UN Sustainable Development Goals

Natural Capital Accounting System (NCAS) is the process of calculating the total stocks and flows of natural resources and services in a given ecosystem or region. The NCAS makes the invisible values visible. It acts as an accounting tool that can help measure the full extent of a country’s Natural Capital Assets (produced infrastructure, social and human natural resources) and give perspective on the link between the economy, ecology, and our environment. 

Using living trees, freshwater, carbon credits and the treasures of Mother Earth to support the value of the Earth Dollar will reconnect humanity back to the Source of Life.

War, destruction of the environment, clear-cutting of trees, climate injustice, and other negative human behaviors are destroying our “home”. The Earth Dollar is designed to increase in value when the environment is clean, the forests are thriving, there is peace, people are healthy, the community is strong, and people treat our home (planet Earth) with respect… bringing sustainable prosperity to everyone on Earth.

THE NATURAL CAPITAL STANDARD vs. THE GOLD STANDARD

 

The Earth Dollar is introducing a new “Natural Capital Standard”, which is comparable to the “Gold Standard”. 

The Natural Capital Standard is simply a basket of Natural Capital Assets instead of a single commodity like gold in the Gold Standard to back the value of the Earth Dollar.

$5.28+ trillion of Natural Capital Assets (a form of nature-based Real Assets, including in-ground assets of gold, silver, platinum, palladium, rhodium, carbon credits, water, trees, and other types of Natural Capital Assets) are being tokenized to back the value of the Earth Dollar.

The value of Natural Capital Assets worldwide is much larger than all the gold reserves held in the world’s vaults. Up to $145 trillion per year in Natural Captial Assets can be tokenized on-chain to back the Earth Dollar.

What is the Gold Standard and Bretton Woods?

The gold standard is a system where a country uses a fixed quantity of gold to set the value of its currency. When paper money is created and issued to the population, the denominations reflect a weight in gold appropriate for the specific bill. One ounce of gold could represent the lowest value bill, like one dollar; 5 ounces could equal a $5 bill.

The government issuing the currency must hold an amount of gold that matches the money in circulation based on its price. This is the only way to ensure that the country’s currency maintains the value it is supposed to under this standard. 

The gold standard is a monetary system where a currency is pegged to the price of a specific amount of gold. The U.S. was only ever on a true gold standard from 1879 to 1933.

The Bretton Woods agreement attempted to create an international system with gold as a standard, but it failed.

Any ties currency had to gold in the U.S. were severed in 1971 by President Richard Nixon.

 A History of the Gold Standard

Gold has been used as the currency of choice throughout history because it is rare, difficult to obtain, malleable, and does not corrode. Its earliest known use as a minted currency was around 600 B.C.E. in Lydia, in present-day Turkey.

While gold was minted into coins and used for trading afterward, the precious metal did not become a standard until the 19th century. Britain used gold as a standard as early as 1816, but it was not until the 1870s that gold became an international standard for valuing the currency. The United States adopted the gold standard in 1879 after several attempts to use various exchange methods failed.

The Gold Standard Act of 1900 established gold as the only metal for redeeming paper currency in the U.S. The act guaranteed that the government would redeem any amount of paper money for its value in gold, and it meant that transactions no longer had to be done with heavy gold bullion or coins because the paper currency had a guaranteed value tied to something real. Governments struggled for decades to find a way to make a gold standard work globally.  

The End of the Gold Standard

Between 1900 and 1932, the U.S. faced several economic challenges and entered World War I. Bank runs—large numbers of people rushing to the bank to withdraw cash—were causing banks to fail. In addition, seasonal occurrences that required large amounts of cash, such as crop harvests, strained banks’ ability to supply cash because, much like today, they did not keep enough cash on hand to cover increased demands.

The Federal Reserve System was created in an attempt to meet the demands for cash and stabilize prices by issuing notes to help banks issue cash when demand was up. Unfortunately, the Fed’s creation and actions didn’t have the intended effect. In 1933, the gold standard was ended because it was unsustainable. The system simply couldn’t keep up with consumers’ demand for cash.

 Additionally, the Fed was limited in the actions it could take—if it printed more money, it devalued the dollar; if it lowered interest rates, gold investors and owners would sell their gold overseas and reduce the country’s supply of gold. For these reasons, gold became an asset only specific entities could hold.

 The Gold Reserve Act of 1934 in part prevented gold runs as the gold standard became unsustainable.

 Enacted on Jan. 30, 1934, the Gold Reserve Act prohibited the private ownership of gold except under license. This act removed gold from circulation and as a peg of value—so a proper gold standard in the U.S. only existed from 1879 to 1933.

After the Gold Standard

In 1944, the Bretton Woods agreement was made by allied nations in Bretton Woods, New Hampshire. This agreement pegged all involved country’s currencies to the U.S. dollar and pegged the U.S. dollar to the price of gold at $35 an ounce.

Currencies became convertible under the Bretton Woods system in 1944, which means that one country’s currency could be exchanged for another’s. The U.S. was supposed to maintain gold’s price and its inventory so that it could redeem dollars for gold. However, international currency circulation caused too many U.S. dollars to be held in foreign countries.

If those countries had decided to redeem their dollars for gold, the U.S. wouldn’t have had enough at $35 per ounce to do so. This effectively ended what was left of the gold standard; in 1971, President Richard Nixon announced that dollars could no longer be redeemed for gold.

Lydian Coins: the world’s first gold standard coin, 600 BCE

The U.S. dollar remains strong because it is used as a global currency. It is also the currency several countries use as a peg for their money.

The Petrodollar Oil Backing

 Currently, the USD is backed by oil from Saudi Arabia, and OPEC countries; this is why the USD is called the Petrodollar.

Without gold backing, Washington is concerned that global demand for the U.S. “paper” dollar could subside.

In 1973-1974, to maintain global US dollar demand, Washington creates the petrodollar system. The first to enter this arrangement is Saudi Arabia. The Saudis agree to price all of their oil in U.S. dollars and even to invest some of their profits into U.S. Treasury securities. In exchange, the U.S. provides weapons to the Saudis, along with U.S. military bases to “protect” the Saudi oil fields.

In the late 1970s, Washington makes similar deals with almost all OPEC nations. Those oil-producing nations who agree to denominate their oil in dollars and then invest their profits into U.S. Treasury’s get weapons and “protection.” The petrodollar system, created in the Nixon-Kissinger era, was likely one of the most brilliant economic moves in recent political memory. However, the system began breaking down around a decade ago.

The Decline of the Petrodollar

Before the invasion and regime change in Iraq around 2003, it was reported that Saddam Hussein was attempting to trade oil for gold, and many suspect that this is why the Bush administration invaded Iraq. All of us now know that their “weapons of mass destruction” narrative was completely fraudulent and simply a false pretense for the neocons to invade Iraq.

In 2009, Russia created BRICS. BRICS is the acronym coined to associate five major emerging economies: Brazil, Russia, India, China, and South Africa. The BRICS members are known for their significant influence on regional affairs. Since 2009, the governments of the BRICS states have met annually at formal summits. The summits encouraged collaboration in banking, money transfers, trade, commercial, political, and cultural cooperation among the BRICS nations.

Russia Invades Ukraine

The first challenge by a major power to what became known as the petrodollar has come in 2022. 

Russia invaded Ukraine on February 24, 2022. In the month after the Ukraine conflict began, the U.S. and its European allies imposed heavy financial sanctions on Russia in response to the illegal military invasion. The Western measures included freezing nearly half of the Russian central bank’s 640 billion U.S. dollars in financial reserves, expelling several of Russia’s largest banks from the SWIFT global payment system, imposing export controls aimed at limiting Russia’s access to advanced technologies, closing down their airspace and ports to Russian planes and ships, and instituting personal sanctions against senior Russian officials and high-profile tycoons. Worried Russians rushed to withdraw rubles from their banks, and the value of the ruble plunged on global markets just as the U.S. dollar had in the early 1970s.

On March 23, Putin announced that Russia’s natural gas would be sold to “unfriendly countries” only in Russian rubles or gold, rather than the euros or dollars currently used. Forty-eight nations are counted by Russia as “unfriendly,” including the United States, Britain, Ukraine, Switzerland, South Korea, Singapore, Norway, Canada, and Japan.

Putin noted that more than half the global population remains “friendly” to Russia. Countries not voting to support the sanctions include two major powers – China and India – along with major oil producers Venezuela, Turkey, and other countries in the “Global South.” “Friendly” countries, said Putin, could now buy from Russia in various currencies.

Russia has also agreed to sell oil to India in India’s sovereign currency, the rupee; to China in yuan; and to Turkey in Lira. These national currencies can then be spent on the goods and services sold by those countries. Russia has also agreed to sell oil to India in India’s sovereign currency, the rupee; to China in yuan; and to Turkey in Lira. These national currencies can then be spent on the goods and services sold by those countries. 

Russia and China have both developed alternatives to the SWIFT messaging system from which certain Russian banks and going outside SWIFT means Western banks cannot track Russian and Chinese trades. China, India, Brazil & other major partners are joining this alternate international banking system.

As Russia is the third-largest oil producer after the U.S. and Saudi Arabia, a boycott on Russian oil will likely continue pushing the world away from the U.S. petrodollar system.

The Earth Dollar can become a good international trading currency since it is a neutral, non-political, immutable, and decentralized alternative to national currencies. It is also carbon-negative and restores the Earth.

THE NATURAL CAPITAL STANDARD vs. THE GOLD STANDARD

 

The Earth Dollar is introducing a new “Natural Capital Standard”, which is comparable to the “Gold Standard”. 

The Natural Capital Standard is simply a basket of Natural Capital Assets instead of a single commodity like gold in the Gold Standard to back the value of the Earth Dollar.

$5.28+ trillion of Natural Capital Assets (a form of nature-based Real Assets, including in-ground assets of gold, silver, platinum, palladium, rhodium, carbon credits, water, trees, and other types of Natural Capital Assets) are being tokenized to back the value of the Earth Dollar.

The value of Natural Capital Assets worldwide is much larger than all the gold reserves held in the world’s vaults. Up to $145 trillion per year in Natural Captial Assets can be tokenized on-chain to back the Earth Dollar.

What is the Gold Standard and Bretton Woods?

The gold standard is a system where a country uses a fixed quantity of gold to set the value of its currency. When paper money is created and issued to the population, the denominations reflect a weight in gold appropriate for the specific bill. One ounce of gold could represent the lowest value bill, like one dollar; 5 ounces could equal a $5 bill.

The government issuing the currency must hold an amount of gold that matches the money in circulation based on its price. This is the only way to ensure that the country’s currency maintains the value it is supposed to under this standard. 

The gold standard is a monetary system where a currency is pegged to the price of a specific amount of gold. The U.S. was only ever on a true gold standard from 1879 to 1933.

The Bretton Woods agreement attempted to create an international system with gold as a standard, but it failed.

Any ties currency had to gold in the U.S. were severed in 1971 by President Richard Nixon.

 A History of the Gold Standard

Lydian Coins: the world’s first gold standard coin, 600 BCE

Gold has been used as the currency of choice throughout history because it is rare, difficult to obtain, malleable, and does not corrode. Its earliest known use as a minted currency was around 600 B.C.E. in Lydia, in present-day Turkey.

While gold was minted into coins and used for trading afterward, the precious metal did not become a standard until the 19th century. Britain used gold as a standard as early as 1816, but it was not until the 1870s that gold became an international standard for valuing the currency. The United States adopted the gold standard in 1879 after several attempts to use various exchange methods failed.

The Gold Standard Act of 1900 established gold as the only metal for redeeming paper currency in the U.S. The act guaranteed that the government would redeem any amount of paper money for its value in gold, and it meant that transactions no longer had to be done with heavy gold bullion or coins because the paper currency had a guaranteed value tied to something real. Governments struggled for decades to find a way to make a gold standard work globally.  

The End of the Gold Standard

Between 1900 and 1932, the U.S. faced several economic challenges and entered World War I. Bank runs—large numbers of people rushing to the bank to withdraw cash—were causing banks to fail. In addition, seasonal occurrences that required large amounts of cash, such as crop harvests, strained banks’ ability to supply cash because, much like today, they did not keep enough cash on hand to cover increased demands.

The Federal Reserve System was created in an attempt to meet the demands for cash and stabilize prices by issuing notes to help banks issue cash when demand was up. Unfortunately, the Fed’s creation and actions didn’t have the intended effect. In 1933, the gold standard was ended because it was unsustainable. The system simply couldn’t keep up with consumers’ demand for cash.

 Additionally, the Fed was limited in the actions it could take—if it printed more money, it devalued the dollar; if it lowered interest rates, gold investors and owners would sell their gold overseas and reduce the country’s supply of gold. For these reasons, gold became an asset only specific entities could hold.

 The Gold Reserve Act of 1934 in part prevented gold runs as the gold standard became unsustainable.

 Enacted on Jan. 30, 1934, the Gold Reserve Act prohibited the private ownership of gold except under license. This act removed gold from circulation and as a peg of value—so a proper gold standard in the U.S. only existed from 1879 to 1933.

After the Gold Standard

In 1944, the Bretton Woods agreement was made by allied nations in Bretton Woods, New Hampshire. This agreement pegged all involved country’s currencies to the U.S. dollar and pegged the U.S. dollar to the price of gold at $35 an ounce.

Currencies became convertible under the Bretton Woods system in 1944, which means that one country’s currency could be exchanged for another’s. The U.S. was supposed to maintain gold’s price and its inventory so that it could redeem dollars for gold. However, international currency circulation caused too many U.S. dollars to be held in foreign countries.

If those countries had decided to redeem their dollars for gold, the U.S. wouldn’t have had enough at $35 per ounce to do so. This effectively ended what was left of the gold standard; in 1971, President Richard Nixon announced that dollars could no longer be redeemed for gold.

The U.S. dollar remains strong because it is used as a global currency. It is also the currency several countries use as a peg for their money.

The Petrodollar Oil Backing

 Currently, the USD is backed by oil from Saudi Arabia, and OPEC countries; this is why the USD is called the Petrodollar.

Without gold backing, Washington is concerned that global demand for the U.S. “paper” dollar could subside.

In 1973-1974, to maintain global US dollar demand, Washington creates the petrodollar system. The first to enter this arrangement is Saudi Arabia. The Saudis agree to price all of their oil in U.S. dollars and even to invest some of their profits into U.S. Treasury securities. In exchange, the U.S. provides weapons to the Saudis, along with U.S. military bases to “protect” the Saudi oil fields.

In the late 1970s, Washington makes similar deals with almost all OPEC nations. Those oil-producing nations who agree to denominate their oil in dollars and then invest their profits into U.S. Treasury’s get weapons and “protection.” The petrodollar system, created in the Nixon-Kissinger era, was likely one of the most brilliant economic moves in recent political memory. However, the system began breaking down around a decade ago.

The Decline of the Petrodollar

Before the invasion and regime change in Iraq around 2003, it was reported that Saddam Hussein was attempting to trade oil for gold, and many suspect that this is why the Bush administration invaded Iraq. All of us now know that their “weapons of mass destruction” narrative was completely fraudulent and simply a false pretense for the neocons to invade Iraq.

In 2009, Russia created BRICS. BRICS is the acronym coined to associate five major emerging economies: Brazil, Russia, India, China, and South Africa. The BRICS members are known for their significant influence on regional affairs. Since 2009, the governments of the BRICS states have met annually at formal summits. The summits encouraged collaboration in banking, money transfers, trade, commercial, political, and cultural cooperation among the BRICS nations.

Russia Invades Ukraine

The first challenge by a major power to what became known as the petrodollar has come in 2022. 

Russia invaded Ukraine on February 24, 2022. In the month after the Ukraine conflict began, the U.S. and its European allies imposed heavy financial sanctions on Russia in response to the illegal military invasion. The Western measures included freezing nearly half of the Russian central bank’s 640 billion U.S. dollars in financial reserves, expelling several of Russia’s largest banks from the SWIFT global payment system, imposing export controls aimed at limiting Russia’s access to advanced technologies, closing down their airspace and ports to Russian planes and ships, and instituting personal sanctions against senior Russian officials and high-profile tycoons. Worried Russians rushed to withdraw rubles from their banks, and the value of the ruble plunged on global markets just as the U.S. dollar had in the early 1970s.

On March 23, Putin announced that Russia’s natural gas would be sold to “unfriendly countries” only in Russian rubles or gold, rather than the euros or dollars currently used. Forty-eight nations are counted by Russia as “unfriendly,” including the United States, Britain, Ukraine, Switzerland, South Korea, Singapore, Norway, Canada, and Japan.

Putin noted that more than half the global population remains “friendly” to Russia. Countries not voting to support the sanctions include two major powers – China and India – along with major oil producers Venezuela, Turkey, and other countries in the “Global South.” “Friendly” countries, said Putin, could now buy from Russia in various currencies.

Russia has also agreed to sell oil to India in India’s sovereign currency, the rupee; to China in yuan; and to Turkey in Lira. These national currencies can then be spent on the goods and services sold by those countries. Russia has also agreed to sell oil to India in India’s sovereign currency, the rupee; to China in yuan; and to Turkey in Lira. These national currencies can then be spent on the goods and services sold by those countries. 

Russia and China have both developed alternatives to the SWIFT messaging system from which certain Russian banks and going outside SWIFT means Western banks cannot track Russian and Chinese trades. China, India, Brazil & other major partners are joining this alternate international banking system.

As Russia is the third-largest oil producer after the U.S. and Saudi Arabia, a boycott on Russian oil will likely continue pushing the world away from the U.S. petrodollar system.

The Earth Dollar can become a good international trading currency since it is a neutral, non-political, immutable, and decentralized alternative to national currencies. It is also carbon-negative and restores the Earth.

NATURAL CAPITAL IS THE FOUNDATION OF ALL OTHER CAPITAL

The world’s stock of natural assets includes geology, soil, air, water and all living things.