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IN 2038 AFRICANS ARE RICHER... THAN THE WEST!

December 2017: I'm living in Nigeria for over a year now and trying to get affordable housing to Africa for over 7 years now. I have the education and experience to do this, so bring it on! All this time, trying about every thinkable mass housing design, calculating the lowest possible costs for the most efficient sustainable houses. Studying reallocation solutions for slums and people leaving refugee camps. Actually trying to realize it is however very difficult. We're close to starting a first factory. It will happen. But the income gap is bugging me. The best housing solution will be out of reach for many African people. I need to think out of the housing box to really accelerate mass housing. I need to think more about economics and politics. I'm getting quite educated on the subject now. I should be...

Fast forward to a recent short stay in the Netherlands in June 2018. I'm talking to a carpenter that indicates that we don't need to feed Africans.

"The pictures of emaciated kids they use for aid programs are old. We don't need to send food.", he says.

And I agree. People that are living in extreme poverty in Sub-Saharan Africa, are usually not hungry. But in my mind there is a construct that I have named "The Prisoners Cost Dilemma". It is simply madness when a person can improve his living standard by going into prison. Now I heard also stories in Ghana that, when you're a criminal and rob the wrong people, you simply disappear. Thinking about your more distant future is however one of the first things people lose when they live in extreme poverty. "The Prisoners Costs Dilemma" is about humanism. Why does humanity allow people to live in circumstances that are worse than prison?

Now you might say: "Their Government should arrange this, but they are too corrupt to bother." That's also true, but remember that the west basically looted Africa for over 300 years now and are the people behind the multinationals that are still colonizing Sub-Saharan Africa. Even if these Governments were perfectly honest, it would be almost impossible to get rid of the greedy claws of the predator capitalists from the developed world. And forget charity, it (almost) doesn't exist without strings attached.

The way things are going now, over 50% of the Africans will never be able to afford to rent or buy a house for their family that is at least equally convenient as a prison. And things are getting worse: The poverty gap is increasing, unemployment in Africa is rising quickly and won't improve because of Artificial Intelligence and Robotics, the level of education is decreasing and issues with exploding population, extreme urbanization and all related issues are increasing. The situation will not improve if the current world order continues to operate in the way it does now. And if it does continue, we will have a massive problem in the future. We all know it, but also know that we can't solve this problem. Perhaps some big war or epidemic will make this problem disappear, who knows...

Then, in January 2018, something remarkable happened. When I look at the Universal Declaration of Human Rights, I can come to only one conclusion: Only Universal Basic Income (UBI) can enable all Africans to leave their substandard homes and escape their situation of extreme poverty, which would be in the best interest of our global society. But who is going to pay for African Universal Basic Income? The west and China have no interest whatsoever to bring anything to Africa. The Africans themselves can't organize it, and are not wealthy nor independent enough to do so. And even if one African nation would start with UBI, a massive migration of people to this country will be ignited and bankrupt that country. So, is there perhaps another way?

I was studying this very subject in January 2018 and on the side I was also studying cryptocurrencies, because Bitcoin just had a sort of breakthrough. I studied a German documentary about UBI which pointed out that VAT was actually the only real important tax to combine with UBI. Then I investigated if cryptocurrencies will eventually replace Fiat money and concluded that they probably will. Then I studied the subject of "the Petrodollar" and concluded that the dollar will soon collapse and will go down in flames.

And then I saw that Sub-Saharan Africa will have a massive opportunity to become the center of a new type of cryptocurrency. A digital currency with integrated VAT and UBI. And with this system, Sub-Saharan Africa will rise from the ashes at a speed that will be unprecedented in human history. By exploiting Sub-Saharan Africa to the last drop of oil and other natural resources, by enslaving and simply (enabling the) killing of many millions of African people and by bringing religions to the remaining people to subject and indoctrinate them, the west and China created the perfect breeding ground for the future global world order.

In January 2018 I saw that this is unstoppable. If it doesn't happen in Nigeria, it will happen in another African area. And it will happen bottom-up, from the grass roots. No Nation State needs to enable it. The only thing that needs to happen is that not any new user of this cryptocurrency gets killed by the "old establishment". Because that would be the only remedy.

"Sub-Saharan Africa has now the opportunity to rise like a Phoenix from the age of Petrodollar that will go down in flames soon."

Wow, this sounds just like fiction, but it will be reality in our disrupted society. I expect that it will happen within 20 years. I even bet with a friend that in 20 years the average African will be wealthier than the average American and average European. I hope the bottle of wine I'm gonna win, will taste as good as the bittersweet irony of this global turning of tables. ×