/biz/ - Business & Finance

>>24632056
Bittrex is fucking trash. Bittrex Global even more so. Plus you can already do this shit on Al Gore And

>>24632056
i hope bittrex hired a lot more customer service staff, it's appalling as it is without boomers entering the market.

I don't get it

>>24632056
will coinbase do this?

>>24632056
Whoever does this has big IQ just tokenize all the modern stocks so you can hold them in shitcoins instead.

In the future stocks should be tokenized by default

They will use ALGO for this btw.

What's the point? Why not just buy stocks?

>>24632199
agreed - it was an eventuality & makes more sense then the current system desu
it will still make boomers seeth beyond all comprehension
i love it
if all stonks go tokenized on a blockchain & will disenfranchise those entitled cunts from their own game.
the seeth will be hilarious

>>24632341
eventually all stocks will be tokenized

>>24632341

Because in future stocks and shitcoins will be one

>>24632341
found the boomnigger

OP IS ALWAYS A FAGGOT
https://www.nasdaq.com/articles/crypto-exchange-bittrex-global-lists-tokenized-apple-amazon-tesla-stocks-for-trading-2020

>>24632199
BFR is doing this; https://www.bridgefinance.net/

>>24632199
It exists for years now. I.e. Synthetix, Quantfury. I've been margin trading stonks and commodities with monero for a long time now.

>>24632056
>Crypto tries to get adopted by the financial establishment
>Adopts the financial establishment instead

kek

>>24632577
Lmao fuck em

>>24632577
checked & cypherpunkpilled
>muh stonks you can't do that!
>already did lulz

>>24632577
The superior technology tends to win.

>>24632056
If i buy tokenized stocks, will I also get dividends or is this just purely speculative to increase capital?

>>24632733
yes. ALGO literally is doing this right now with their token in the form of "staking returns". The technology exists.

>>24632811
>at the expense of sounding like a discord tranny pump squad...
wuts the suicide stack?
>ugh

>>24633038
kek. I think the consensus is around 10k, but I'd shoot for 15-20k if you can.

Would be nice to withdraw stocks to your personal wallet and fuckoff from the brokers ngl

>>24633053
I can do that

>>24632056
When is the bittrex token coming?

So is the only way to invest in this shift is through chainlink price oracles?

>>24633675
Looks like Peter Schiff might be on to something

>>24633092

Does this mean that the NYSE's stranglehold on the stock market will eventually die, and NYC will become less relevant? Is this why crypto is still de facto illegal in NY?

>>24632056
I literally do not understand

What is the fucking point

>>24634094
Just realized that they're listing Chinese stock tokens as well, which is a huge advantage over having to deal with the extra fees and hassle of FOREX markets.

>>24632126
It’s a coin that you put in your butt dad. That’s why they call it buttcoin

None of you faggots are on point
mirror.finance bitches

What will break the boomers brain is when we stop tokenizing stocks and start issuing equities directly on-chain for completely decentralized corporations

>>24634214
shut your mouth. your stupidity is hurting my brain.

>>24634193
>I literally do not understand
>What is the fucking point

>>24632056
They're able to be stored using Algorand. Pack your bags boys we're going to the moon

>>24632727
tell that to betamax

will only use if they use chainlink oracles

>>24632126
yes

>>24632056
Have this with your ensure oldniggers https://www.theblockcrypto.com/linked/86860/swiss-stock-exchange-digital-asset-gateway?utm_source=coinbase&utm_medium=rss

>>24632056
you people should keep in mind that stocks are registered in your name when you buy them, because they are a certificate of ownership of a company. These tokens here are not. There are not regulated and there is no legal obligation for whoever issued them to deliver any kind of value or any kind of rights that are conferred with ownership of a company. They are basically worse than CFDs. The equity equivalent of funny money.

Also given that they are unregistered securities they may not be sold to the public in the US. So if you're not an accredited investor and a US Citizen: tough luck.

>>24635178
>wut iz wrapped asset?
pls stop sperging

>shares in crypto bad
>but tokenized stocks good

>>24635267
So how do you think that works with stocks on a mechanical level? And how it will work with the SEC and the justice system?

the only use case i see is scamming unbanked niggers out of the little money they make selling goats

>>24632367
It’s also a fast track to crypto regulation

>>24635451
read the articles

>>24632056
Probably breaks dozens of regulations too

>>24635520
>>24635647
ok boomers

>>24635690
no explain it to me. it's obvious you have no idea what you're talking about.

>>24632056
What difference would it make if trades are free on the regular exchanges for stocks?

>>24635820
trades aren't free.

>>24635707
>Probably breaks dozens of regulations too
how does that jewish dick feel sliding in & out of your asshole cuck?
what a glorious place this planet would be if all the cumguzzling fingerwagging boomers & milleniggers would drink bleach & fucking die at the same time.

Can I buy Amazon stock valued in Bitcoin? If not then I don't care.

>>24635859

>>24635796
buy x stocks of xyz
tokenize them
1:1 collateralized token
as far as the glowniggers go the stocks never changed hands
wallah
>when did crypto fags become so concerned with choking down gov't dick?

>>24635977
are you being stupid? describe how you tokenise them. Pic related is basically what you just told me, idiot.

I don't know what this is but never selling my SNXs

>>24635977
>as far as the glowniggers go the stocks never changed hands
no, faggot. kys. you don't escape the jew with this. it's for poor niggers who trade with lunch money so they can buy fractions of a stock

>>24635977
>wallah
wait a minute. did you try writing 'voilà'? omg, you're a fucking clown. here I thought you're some arab or a poo.

>>24636033
umm, there is a platform called 'ethereum' & it has features called 'smart contracts' that run in the 'evm'...
there's also this website called 'google'...
if you get hung up on installing node.js or something i'm sure one of our indian frenz can bail you out...
btw, do you live with your mom or in an assisted living facility? are you eating regularly?

>>24635178
>you people
fuck you mean by dat
sheeeit

>>24636258
> i'm sure one of our indian frenz
says the 'wallah'-guy lol

>btw, do you live with your mom or in an assisted living facility?
rich from the guy who brought us this post:
>>24635859

you're such a loser you can smell it a hundred meters against the wind. if you were as smart as you think you would have figured out that I was trying to walk you through the process step by step so you can realise it's a setup for a scam, because the process creates no single step that protects you as a token holder. but like the loser you are you just scream 'jew' every time you're confronted with reality, because you actually you have no clue whatsoever about anything. grow up, anon. you reek of desperation.

>>24636310
yo! what it be brother?
you claim them hairpicks yet?

>>24636310
lol.

>>24636356
Bittrex has been registered and regulated in the USA since 2017

>>24636356
kk yep sounds good

The tokenisation of asset classes using smart contracts is fucking obvious, if there is no fiat and all wealth is recorded on the blockchain what do you think will happen??? All countries in the world are simultaneously implementing the most draconian economic policies on their citizens look at agrcultural reform in India, tax hikes in the UK, US stimulus payments won't be made to individuals rather the economy will get a cash injection which will further devalue the dollar and fuck the middle class. It is a fucking shit show.

>>24632199
It will.

Thats the future of blockchain the digitalization of all assets.
There is an Australian/Singaporean startup tokenizing Art so it will no longer be a super rich only market, plebs will be able to chip in and store value with high art, you can tokenize commodities, future contracts will run on the blockchain via smart contracts.

>>24632056
so are they collateralized synths like synthetix?

>>24632056
NOOOOOOOOOOOOOOOOOOOOOO YOU CAN'T TOKENIZE OUR MARKETS YOU NEED TO PAY CAPITAL TAX

>>24632199
How to profit from this

>>24636459
>The tokenisation of asset classes using smart contracts is fucking obvious
the asset would be the company, not the stock. i can see a company issuing tokens instead of stocks but tokenizing stocks is retarded

>>24636384
they're not actually issuing though. the issuer, as it seems is a swiss company. also it's not like bittrex hasn't blocked US Customers from purchasing certain coins before.

i'm currently trying to look into that swiss company but they're not very transparent about their procedures.

Algoshills, I unironically have over $500k in stonks and have dabbled in crypto since 2016. What source do you have besides dude trust me Algo will be tokenizing equities?

>>24636588
just turn 360 degrees & walk away anon

>>24632199
Can any project benefit from this?

>>24636663
stfu incel

>>24635707
>Probably breaks dozens of regulations too

>>24636691
>stfu incel

>>24636617
https://www.algorand.com/what-we-do/use-cases/mese.io

>>24632456
How when barely any exchanges let you trade xmr>>24635647

Kys

>>24636826
https://www.algorand.com/what-we-do/use-cases

>>24636588
so far it looks a little weird. their founder and as it seems also single employee has also founded these companies. the crypto related, that I looked up, were all founded this year with the same founding statute and are all registered at the same adress ... and when I try google streetview at that adress I land in a gym.

maybe I'm too boomer, but so far they do not look trustworthy at all.

>>24636826
>MESE.io is a microequity stock exchange powered by blockchain and aimed at letting users invest very small amounts in selected stocks. To hold one crypto-based microequity token is to hold a cryptocurrency that represents 1/10,000th share in a real stock.

Is this a joke?

>>24635859
Problem with Jews is they hold all the worlds wealth. They can just take over any new market

I'll put 50% of my money into tokenized stockcoins and 50% of my money into the GBTC ETC

>>24636559
by buying the native asset of the blockchain that these things will be listed on.
your guess is as good as mine on which one it will be, my money is on eth and/or algo tho

>>24636844
>How when barely any exchanges let you trade xmr
good lord, xmr is on kraken & binance
this thread is like catnip for the mongoloids XD

>>24636913
Kek. I stopped paying attention to it when it was delisted from a couple major exchanges.

>>24632088
Based al gore poster

>>24632341
> must trade between 9am and 4am EST weekdays because boomers sleep outside these hours
> must pay commission to your (((broker)))
> no fractional stocks
Boomer markets are retarded

>>24635859
>>24636747
Reality triggers the crypto zoomer. You're the kind of retard who if you were a middle east dictator move off the petrodollar because jews. Only to be surprised when there's a bayonet in your ass.

>>24636999
Wasted digits. Wrong on all 3 points.

>>24632199
Spotted the newfag.

holy shit, we fucking won

>>24632056
>lose money short-selling stocks
>burn tons of time and energy mining tokens
sounds like the worst of both worlds

>>24637217
actually genx & in it since 2012
taxes are for the latefags that gave a dna sample to coinbase to buy
your "reality" really doesn't apply to me in my circumstance, sorry you missed the boat.

>>24636175
newfag

>>24637382
I'll gladly miss the fractional reserve stonks boat. I can actually buy the underlying which actually entitles me to the stock. 1 to 1.

>>24632056
that's called a CFD and it's illegal to offer to Americans

>>24637382
>actually genx & in it since 2012
sure buddy.

>>24637403
Ikr?

>>24637525
and wallah...

>>24637576
>wallah
what do you actually think that word means, idiot?

>>24636175
go back

Hi, Have you heard about baseprotocol.org?

Came across many professional`s reviews about it, they are talking that this is the new DeFi Gem. What is your opinion about it?
Is it wort to invest in it now?

>>24637636

to where?

>>24637634
it means buy link nigger

>>24636865
kind of. i wouldn't personally use it, but the fact people are building shit on the platform that allow you to transact w/ stonks is a nice affirmation of market validation.

>>24632298
Came here to post about this being bullish for ALGO too.