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/biz/ - Business & Finance


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27411574 No.27411574 [Reply] [Original]

>> No.27411739

Most undervalued investment right now. Look at TLV compared to MC. Also consider the power of synths as made possible by Bao:

None that's the point of synths, they are collateralized by different collateral and act similar to the underlying asset but don't represent it.

And really the power of synths isn't in tracking stocks or things that already exist (that's what most people think and its boring). Really if you want a stock you can go buy a tokenized stock.

Whats cool is the power of synths to make financial markets that don't exist today. Like tying a price to the unemployment report, that people can buy and sell.

Because then you can imagine a world here you could predict accurate data through data markets better than any analyst, or a world where people's compensation can be tied to other events. Imagine if politicians started getting paid in synths that represented inverse-unemployment numbers, their regions GDP, and a happiness index of their region. They'd be pretty motivated to solve those problems stuck_out_tongue

People think of synths as just making synthetic versions of what already exist. That's a market worth billions.

But with blockchain tech, what is more interest is making markets that couldn't already exist. That's a market worth trillions.

>> No.27411897
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27411897

>>27411574
CUTE