Tokenization of everything

6,229 Views | 86 Replies | Last: 3 mo ago by EclipseAg
Mr.Milkshake
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The velocity of money will continue to increase. Thats great.
itsyourboypookie
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YouBet said:

I don't understand what he's even telling us in that video. Everything is already digital when it comes to financial transactions.

All of our net worths are 1s and 0s outside of your cash and metals you are stacking at home.

And what does he mean by tokenizing real estate and making it digital? Is he talking about things like buying digital RE akin to Second LIfe and Meta?

Or maybe he's just talking about better connections between crypto and existing digital assets.


LLC's become blockchain and shares become tokens.

Best part? Everyone can see your wallet
chris1515
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To me it seems like there is still going to be a massive infrastructure behind the scenes to make sure the assets underlying those tokens are still valid and secure.

Maybe the financial firms are looking at that as the real payoff for them.
Yukon Cornelius
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The payoff is they get to use their money to make money quicker. It's really that simple. It's about settlement times.
IIIHorn
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BusterAg said:

I agree

Tolkienize EVERYTHING!!!




Ha!
5Amp
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All this science, I don't understand.

94chem
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Waffledynamics said:

Sometimes I feel like the finance world exists to make up complicated and bizarre ways to just make money out of nothing.


And to effectively transfer wealth at the most rapid pace in human history to the upper 0.1%.
94chem,
That, sir, was the greatest post in the history of TexAgs. I salute you. -- Dough
Yukon Cornelius
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No one is preventing you from having a brokerage account.
94chem
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Yukon Cornelius said:

No one is preventing you from having a brokerage account.


I have one, but my several million is nothing compared to what the elites are doing. It's insane.
94chem,
That, sir, was the greatest post in the history of TexAgs. I salute you. -- Dough
Yukon Cornelius
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But you're allowed to participate in the market. You're acting like you can't. You know you can even buy BLK and be an owner of blackrock?
IIIHorn
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5Amp said:

All this science, I don't understand.



It's just my job five days a week
NormanEH
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Go reread The Big Short. This is classic repeating history. Repackaged crap with gold flaked sold as solid gold.
Yukon Cornelius
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No it's not. You're just making stuff up. The amount of ignorance in this thread is mind blowing.
NormanEH
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Well on that point we agree
AggieKatie2
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Doesn't understand what tokenization means……thought it sounded like a good buzzword.
IIIHorn
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AggieKatie2 said:

Doesn't understand what tokenization means……thought it sounded like a good buzzword.

A bad hobbit?
EclipseAg
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YouBet said:

As an avid sci-if reader, Blackrock reminds me of one of those future mega corporations that have evolved into their own self-governing entity and have superseded civil governments. They have their own territory like a civil government with their own security forces and armies and actually compete with civil governments on policy and resources.


And sport:

 
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