Blockchain Proposed to Save $12 Trillion by 2045

Louis Fabbi, a resident of Calgary, Alberta, has penned a comprehensive thought piece on blockchain technology and its potential to combat government corruption. Fabbi advocates for innovative solutions, such as the creation of "X Custody Guilds" to replace non-governmental organizations (NGOs) and "X Payment Custody," which he refers to as "Trust Reimagined." He highlights the efforts of Elon Musk and X Payments, noting their significant contributions to the field, particularly through Musk's initiatives with Dogecoin (DOGE).

Fabbi argues that governments are inefficient in managing funds, citing examples such as the U.S. losing $600 billion annually to suspect payments and Africa losing $50 billion to corruption. He proposes a seven-step plan involving the use of blockchain and AI to mitigate these losses. This plan includes allocating funds, disbursing cash, running programs, monitoring compliance, making adjustments, reporting, and auditing. Fabbi estimates that by implementing this plan, $600 billion could be saved annually, totaling $12 trillion by 2045 if started in 2026. This would involve leveraging technologies like Dogecoin, Stellar (XLM), Shibarium, and AI to reduce waste and fraud.

The current system is plagued by systemic kleptocracy, where funds are lost to red tape, cash evaporates, and programs bleed money due to fraud and inefficiencies. Fabbi suggests that the combination of DOGE's blockchain and AI could cut $600 billion in annual waste. Stellar (XLM) would handle $1 trillion in allocations, DOGE would push $4 trillion quickly, Shibarium would reduce $600 billion in waste to $200 billion, and AI would monitor for fraud across the rest, potentially restoring trust in the system.

Fabbi introduces the concept of "X Custody Guilds," which would replace NGOs and manage $820 billion in XLM stablecoins derived from DOGE's cuts. These guilds would connect 850 million unbanked individuals through Starlink. X Payment Custody would hold $1 trillion off-chain, backed by $12 trillion in gold tokens, tracking $1.8 trillion in assets. The "Everything App" would serve as the glue, eliminating waste and fraud as it attempts to take root.

Fabbi has developed a simulation called "D.O.G.E. Blockchain: Trillion $USD Markov Chain," which projects a 20-year timeline starting in 2026 with a $4 trillion budget. Without the implementation of DOGE and AI, the GDP is projected to be $20-30 trillion by 2045, losing $1 trillion annually. With DOGE and AI, the GDP could reach $32-42 trillion, saving $600 billion a year and a total of $12 trillion. DOGE Clear would identify waste, while DOGE Innovate would invest in AI and X Payments, generating $1 trillion in pure, organic wealth effects.

Fabbi envisions a future with leaner budgets, visible trust, and scalability for X's 600 million users. He calls for collaboration with Elon Musk and the X community to implement these ideas, aiming to make corruption as rare as a middle-age plague. Fabbi invites readers to explore his plan at [https://bit.ly/DOGEplan] and offers to collaborate on this ambitious project.