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/biz/ - Business & Finance


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56190534 No.56190534 [Reply] [Original]

>https://www.federalreserve.gov/econres/feds/tokenization-overview-and-financial-stability-implications.htm

You HAVE loaded up on Centrifuge (CFG), right anon?

>> No.56190642

bump

>> No.56190659

>>56190534
They're just giving examples of RWA tokens as they exist right now.
Outside of fiat stables, there aren't THAT many RWA tokens yet.

>> No.56190665

>>56190534
>2.15 billion as of May 2023
>That’d take link to $2.58 if it had a 2.15 billion market cap
>but link is targeting a 1% value capture for tokenized assets

It’s so fucking over

>> No.56190671

>>56190665
>link is targeting a 1% value capture for tokenized assets
kek what

>> No.56190702

>>56190659
when new money enters the market they tend to go to well established market leaders. which is Centrifuge. literal safe-bet

>> No.56190709

Solution looking for a problem. Why would I need to tokenize my house or a car? Everything just works, nobody needs your crypto scam.

>> No.56190730

>>56190709
You won't and the market isn't accepting it. It's desperation on the level of the machine learning and indexing scam hype. They are desperate for another (((growth))) motor, only that they run the entire scam into the ground with the last one, (((social media))). After "hey fellow user" advertising, nobody trusts anybody anymore - and certainly not (((tokenization))), (((digital identity))) and other crap advertising failures by desperate scammers

>> No.56190746

>>56190709
>everything just works
lmfao.

tokenizing assets will make those assets much more liquid. as anybody can invest, by buying fractions, and not having to put up a million usd, or debt, to participate in the market. not even mentioning the maintenance hassle you have to go through when buying a house or car for value reasons.

>> No.56190757

>>56190709
>>56190730
A tokenised asset is instantly transferrable and tradeable across the globe with highly improved liquidity, security, speed, cost efficiency, etc.

>> No.56190770
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56190770

>>56190709
>why do we need internet, we can send letters, everything just works

>> No.56190775

>>56190757
The market already rejected that crap. You can't advertise this shit anymore and wrap the turd in a belloni to shove it down consumers throat because the "hey fellow user" scam was run into the ground and the "expert" advertising is deader than dead since the early 10s

>> No.56190784

>>56190709
When the only locks that get made are ones requiring a signature from the wallet holding that houses RWA NFT to open you will

>> No.56190793
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56190793

>>56190775
>The market already rejected that crap
really

>> No.56190799

>>56190793
That's advertising, that's not demand.

>> No.56190803

>>56190799
That's literal demand.

>> No.56190814
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56190814

>>56190799
oh anon

>> No.56190820

>>56190803
No. That's the advertising by an advertising agency trying a desperate strategy of behaviorism by "experts". Expert advertising committed suicide in 20/21

>> No.56190826

>>56190820
Anon, that's the result of a survey.

>> No.56190832

>>56190814
>More ad blog advertising
Are the similar web numbers of ad blogs bleeding clicks since 10 years not a good enough indicator that nobody cares for the advertising

>> No.56190834

>>56190775
There is a company doing business in Egypt called CargoX, ticker CXO.
They literally tokenize a Bill of Lading so that it's 100% trustworthy, authenticated, and fast. It's mandatory for every ship that goes through any Egyptian port.
IBM and others have similar products.
You have never done any real business, so you don't see the problems these things solve and the costs they cut.

>> No.56190844

>>56190826
>((( Survery)))
Demoscopy is not a science, it's an advertising technique. An attempt to make potential customers believe, behaviorise them into thinking that something has a demand, when in reality it doesn't

>> No.56190850
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56190850

>>56190844
>only the things I agree with are real
hey good luck out there

>> No.56190855

>>56190834
Sooooo you are telling me that there is no demand, just an attempt to top down shove shit through law into economic agents throats. That's communism

>> No.56190857

>>56190671
See CCIP document, fees section

>> No.56190863

>>56190857
>See CCIP document
"document"?

>> No.56190868

>>56190850
>Keeps advertising
So you fell for the advertising or are desperately trying to advertise. Okay

>> No.56190880

>>56190855
No, Bill of Lading is important and this is a high value product. Yes, in Egypt the government runs the ports.
Explain to me how government running the ports stops this from being a highly efficient use of the technology?
Tell me how working with the government is unprofitable?

>> No.56190889

>>56190880
>And he keeps advertising
Nigger you just admitted above that the product not needed required law to generate artificial demand. That's communism

>> No.56190890
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56190890

>>56190868
What the fuck did you buy/sell to be this cognitively dissonant?

>> No.56190892

>>56190880
>Bill of Lading is important and this is a high value product
That’s it, Egypt just saved chainlink

>> No.56190900

>>56190890
Frog faggot, your sentence makes no sense. The point is that this is advertising and no indicator for real demand. And the other advertiser just admitted that there is no demand, just communism

>> No.56190915

>>56190900
>your sentence makes no sense
Oh but it does, in so many ways.

There are only two reasons why you would try so vehemently to deny the very obvious institutional demand for tokenisation, and that's:
1) you're somehow financially dependent on the non-occurrence of tokenisation
or
2) you have actual mental issues

>> No.56190918

>>56190889
No. In Egypt they made it mandatory and in all places around the planet there is government administering ports.

There was a long approval process. The industry tested a lot of alternatives, including IBMs product, and with input from shippers and government chose a single service.

It is far superior to the paperwork previously involved and the government was led into it because of how obviously superior it is.

>> No.56190934

>>56190889
Also, it's not advertising. It's using a specific provable example that I am aware of.
>>56190892
kek
It's possible though. As I mentioned to the other fellow who's upset the government might mandate a chain to be used for simplicity.
If CCIP worked well enough it would open the choice of tokenization service to the market and would be good.

>> No.56190944
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56190944

>>56190534
Jesus these are the people running the country monetary policy

>> No.56190947

>>56190915
>Institutional
Oh you brainwashed yourself
And are dependent on this crap with no demand being shoved top down into economic agents throats. Just say that you are a communist
>>56190918
>Advertising and begging
You apparently already had the product shoved down economics agents throats. Why the fuck are you still advertising the scam, communist

You can't convince me that this is not needed scams, and you don't have to because the only way to get this scam down economics actors throats was communism. Congrats scammer, your heros scammed the public

>> No.56190958

>>56190947
>>Institutional
>Oh you brainwashed yourself
Well no, see >>56190793 >>56190814 >>56190850

>> No.56190966

>>56190934
Sorry but I don’t agree with you. It does look like a solution looking for a problem.

A third world high level egyptian officer probably came up with this in order for his “programmer” cousin Abdullah to “implement” this and get a comfy 100k job while doing nothing all day

>> No.56190973

>>56190958
Those are not institutions. Those are organization that paid for advertising. Fuck, are you some boomer that trusts ad blogs, and the shit advertising agencies shit out. Apparently

>> No.56190981

>>56190973
They are certainly financial institutions.

>> No.56190985

>>56190981
New speak fried your brain. Congrats on the self programming

>> No.56190987

>>56190966
You aren't in business or you couldn't possibly have a different opinion on this.
The paper work and bullshit that goes along with BoL and shipping invoices and packing slips and etc is UNREAL.

Keeping track of this automatically with chain of custody taken out entirely is 100% being adopted all over regardless of whether governments and corporations want to racketeer who does it for them.

There are other operations that you can buy stock in that do this. You are wrong.

>> No.56190996

>>56190987
>Advertising and begging

>> No.56191004

>>56190985
Banks are quite literally financial institutions.

>> No.56191011

>>56190996
Where is the begging?
Why are you so butthurt? You seriously do no business at all do you? Leave this forum retard.

>> No.56191014

>>56190996
maybe you should leave your basement once in a while, you schizo levels reached unhealthy levels

>> No.56191026

>>56190987
Why does paperwork need a decentralized oracle network connected to a blockchain using a token?

Why not just use docusign on centralized databases?

>> No.56191033

>>56191026
Because it's impossible to fake, for one.

>> No.56191036

>>56190709
This

>> No.56191040

>>56191033
How so?

>> No.56191046
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56191046

>>56191026
>>56191026
>Why not just use docusign on centralized databases?
yea why not rely on trust, instead of trustless options

>> No.56191053

>>56191040
Immutability.
Spoofing internet provenance is easy, changing blockchains impossible.

>> No.56191056

>>56191046
>trustless options
Why tho?

>> No.56191075

>>56191053
Does a bill of landing really need all of this? Or is this like the doctors that sell random unneeded meds to people to get more money from insurance?

>> No.56191087

>>56191075
>Does a bill of landing really need all of this?
niggers us mill was forging docs while importing drugs. it takes out the humans veriable from the paper work

>> No.56191128

>>56190855
if that’s your take wait until you hear about these dollar things you’re gonna FREAK

>> No.56191132

>>56191011
You are totally groomed into doing the "hey fellow user" advertising for free, and it's begging for this communist not needed product being taken serious

Apparently you already succeed with the scam, so there is no need to keep advertising it. Shoved down top down into economic agents throats.

>> No.56191165

>>56191087
>niggers us mill was forging docs while importing drugs. it takes out the humans veriable from the paper work
Why me, as the corrupt government want to lose power to a system that makes neets rich? Read the 48 laws of power kiddo

>> No.56191191

>>56191132
>having this much of a personal vendetta against tokenisation
This is legit non-human behavior.

>> No.56191199

>>56191191
It's fucking communism not needed. But you already decided to be a slave. That's your choice

>> No.56191207

>>56191132
It's funny how crypto is the only product or service that you can use and benefit from and the second you tell someone about it you are "advertising a scam".
>I liked that restaurant
>it filled my belly with good food at a fair price
>HOLY SHIT CAN YOU STOP WITH THE ADS ALL DAY

>> No.56191235

>>56191199
>crypto is communism
Now that's a new one kek
checked though, you utter schizophrenic lmao

>> No.56191253

>>56191207
>inferior Public pseudo database
>Every data entry viewable for every scammer
>Enemy to privacy
>Top down shoving down throats through law
Hey your communist scam is obvious and it won't change that it's just a panopticon for the traitors in power to control you slaves. There is no value in crapto for the people, just for the slave drivers
>Ib4 capital optimization
Is unsolvable. No matter how much data you have, you can never predict the future. Past performances and demand are no indicator for future performance and demand and BELIEVING it does always without an exception leads to catastrophic events.

But pea brains like you just see valuation line in dollar go direction. So easy to groom

>> No.56191281

>>56191235
Of course it's communism. It's the religion of believing that through enough data one could optimize control. It's pure authoritarian communist crap, and those that fell for it can be considered slaves

>> No.56191290

>>56191281
>authoritarian
Yeah, that's the exact opposite of decentralization.

>> No.56191317

>>56191290
There is nothing like decentralization. There is distribution of control, and that distribution, especially with chinklink is kept in a closed frame. It's like saying that Soviet Russia, because it "distributed" control over the Kolkhozes to polit bureau criminals was decentralized

>> No.56191334

>>56191317
>especially with chinklink

And there we have it.
You're not butthurt about tokenisation, you're butthurt about Chainlink.

>> No.56191358

>>56191334
The same goes for all of crapto. Chinklink is just like the most fake of all the "permissionless" pseudo databases when it comes to buzzword advertising, followed by pos crap, followed by pow crap. The permissioned are by definition communist control tools, where the inferior permissionless databases are communist surveillance tools.

But who do I try to explain this here, a mongoloid whose only concern is line go up in dollar, lol

>> No.56191426

>>56191334
KEK

>>56191358
>The same goes for all of crapto.
Too late for that bro, you exposed yourself.

>> No.56191513

>>56190709
>what is liquidity

>> No.56191519

>>56191426
It's communist crap, it always was, and it was clear from the get go that it was communist crap. Not saying that you can't make dollars with communist scams just saying that it is valueless in general and 100% dependent on cheap loans and low interest rates.

About the tokenization scam advertised here. Also communist crap, that has been rejected by the market, same as the (((digital identity))) communist crap, and that despite top down shoving down throats, it wont catch on because the top down faggots have lost control over thought due to a running into the ground of their thought control mechanisms, advertising. No trust, mo shared reality, no control over thought

>> No.56191666

>>56191519
back to pol with you

>> No.56191776

>>56191666
What has /pol/ to do with an honest analysis without "hey fellow user" advertising and the exposing of a scam?
How heavy are your bags ccp chink scammer and how high is the current youth unemployment and how deep are exports going to break in while the chink industry is being dismantled with the Pboc desperately trying the expansive monetary policy that fails to stabilize the chink ponzi scheme?

Oh the devaluation of the yuan isn't bringing back demand. What a shame. Oh gweilo isn't buying crapto bags giving chinkoids no dollar to prevent their shitcoin going the way of Turkish lyra. Whstza shame

Starve communist

>> No.56193344

The advertisers abandoned thread
Lololololol

>> No.56193378

>>56190534
Another spam token for my filter. Happy Monday.