Trump’s plan would pay Gaza residents who resettle in tokens

The Trump administration is considering a post-war plan for Gaza that would use tokenized land and digital tokens to relocate residents amid the U.S. takeover.

The Washington Post reports that the 38-page post-war Gaza development plan, called the Gaza Recovery, Economic Acceleration and Transformation Trust (GREAT Trust), envisages the United States taking, so to speak, a trusteeship over the Palestinian territory for at least 10 years.

Under the program, two million Gazans will be “voluntarily” displaced, in exchange for receiving special token for their land, which can then be exchanged for an apartment in one of eight planned “smart cities.” Under the plan, their temporary housing and food will be subsidized for up to four years.

Naturally, the proposal has drawn criticism, with the Muslim civil rights organization Council on American-Islamic Relations declaring that “the takeover of Gaza and the mass theft of Palestinian land through a digital token scheme is not only morally repugnant and illegal under international law, it is a war crime of historic proportions.”

The prospectus proposes an “innovative financing model” using land resources and “development Block- land registry and tokenization to increase liquidity.»

The project will tokenize the Gaza Strip using blockchain “as a record of ownership,” with land divided into tokens to ensure “fractional ownership.”

The tokens will be sold to investors and can be used to fund “recovery and humanitarian work” and also offered on secondary markets for speculation by cryptocurrency users, while “all transactions with the tokens will be recorded in Block-registry».

Landowners in Gaza to receive token for handing over their land, which can be exchanged for cash or an apartment in the Strip. Each Palestinian leaving the territory will receive $5000, four years of rent subsidies and food for a year.

A fragment of the plan to tokenize land in the Gaza Strip. Source: The Washington Post

Proceeds from the scheme “could be reinvested in a new dedicated Palestinian Welfare Fund for the benefit of future Gazans,” the plan says. It also says the plan would be more profitable if it allowed more Gazans to leave the territory, since it would reduce the cost of resettling them by $23,000.

The prospectus envisages that Gaza will be rebuilt and will have six to eight “modern, intelligently planned cities governed by artificial intelligence,” where all services and the economy will operate on the basis of “digital identification systems governed by artificial intelligence.”

It seems that humanity has never seen a more monstrous plan.

Source