Anthony J. Pennings, PhD

WRITINGS ON AI POLICY, DIGITAL ECONOMICS, ENERGY STRATEGIES, AND GLOBAL E-COMMERCE

Why SACT Logic is the Operational Core of Tokenization

Citation APA (7th Edition) Pennings, A.J. (2026, Jul 31) Why SACT Logic is the Operational Core of Tokenization. apennings.com https://apennings.com/how-it-came-to-rule-the-world/digital-monetarism/why-sact-logic-is-the-operational-core-of-tokenization/ Introduction Last summer, I was reviewing a paper on digital spreadsheets and time-space power that had been rejected by a journal and decided a term I used, “substitution,” needed elaboration. It led to my conceptualization, […]

The $100 Trillion Debt Era: MMT as Permission, SACT as Engine

Spreadsheet logic and the SACT stack provide the operational engine. By substituting physical matter into digital signifiers, abstracting heterogenous noise into clean taxonomies, computing complex supply-chain logic, and synchronizing market states across global networks, SACT converts the chaotic, messy physical universe into a organized matrix of purchasable products. Without the SACT translation layer, MMT’s sovereign dollars float as useless signifiers; with it, sovereign money becomes an operative tool capable of re-engineering the physical world.

Operative Mediation: From Representation to Coordination

Operative mediation therefore completes the transition that began with spreadsheet logic. The spreadsheet established a computational grammar for organizing representations. Operative mediation explains how those representations enter Peirce’s process of semiosis, generate energetic interpretants, and ultimately coordinate distributed action across organizations, markets, and digital infrastructures.

How Developing Countries Will Access US Stablecoins

Citation APA (7th Edition) Pennings, A.J. (2026, Jul 28) How Developing Countries Will Access US Stablecoins. apennings.com https://apennings.com/uncategorized/how-developing-countries-will-access-us-stablecoins/ Introduction This post covers topics that my students and I have been addressing in a course called EST 230 – Information and Communications Technologies (ICT) for Sustainable Development that I have been teaching for the last six […]

The $100 Trillion Question: Treasury-Backed Digital Dollars and a Democratic Political Economy

Citation APA (7th Edition) Pennings, A.J. (2026, Jul 27) The $100 Trillion Question: Treasury-Backed Digital Dollars and a Democratic Political Economy. apennings.com https://apennings.com/global-e-commerce/the-100-trillion-question-treasury-backed-digital-dollars-and-a-democratic-political-economy/ Introduction As the United States national debt accelerates past historical milestones, traditional economic orthodoxy, “goldbugs,” and manipulative politicians continue to issue dire warnings of imminent fiscal insolvency, surging bond yields, and currency […]

The US Stablecoin Pipeline: Funding the Core, Supplying the Periphery

The significance of the GENIUS Act therefore extends well beyond cryptocurrency regulation. It creates the legal foundation for a new international payment architecture in which Treasury-backed digital dollars circulate globally through smartphones and over blockchains rather than correspondent banks. This architecture has the potential to reduce one of the most persistent constraints on development. That is the limited access to reliable dollar liquidity.

Blockchain Significance for US Treasury-Backed Dollar Stablecoins

Treasury-backed USD stablecoins use blockchain technology for creating a shared, tamper-evident, programmable record of ownership and transfer. They deliberately leave the critical function of value stability to off-chain reserves and legal enforceability. The resulting system is robust for many payment and settlement purposes precisely because it does not ask the blockchain to do everything.

Some Mechanics of Blockchained Treasury-Backed Stablecoin Dollars

The combination of public-chain transparency, L2 performance, and the emerging GENIUS regulatory perimeter is steadily turning regulated USD stablecoins into a viable global payment and settlement layer.

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  • About Me

    Professor (full) at State University of New York (SUNY) Korea since 2016. Research Professor for Stony Brook University. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, digital economics, and global political economy

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    The opinions expressed here do not necessarily reflect the views of my employers, past or present. Articles are not meant as financial advice.

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